Top 3 Predictions for the 2018 Market

December 4, 2017

Seeking Alpha Author Michael Kramer joins Cheddar to give his top three predictions for 2018 market trends. The first one: Tesla will hit a $100 billion market cap. He explains why he's comparing the auto company to Amazon in his analysis and prediction.

His second prediction is that the U.S. GDP will grow by 4%, which is one percent higher than what President Trump believes it will grow. Kramer says the tax reform bill will have a bigger impact on the economy than people think.

And for this third prediction, Kramer believes the S&P 500 will cross the 3,000 market. That would be an increase of around 20% from current levels, but by looking at trends over the past decade, Kramer firmly believes this is possible by the end of 2018.