From net neutrality to new tax legislation, there are many factors that could impact the markets in 2018. Commonwealth Financial Network CIO Brad McMillan and Icon Advisors CIO Craig Callahan share their outlooks for the year ahead.
"December has been messy, with people trying to guess the effects of net neutrality and the tax bill," says Callahan. "But we expect the leadership from last year to continue into next year." Callahan says he expects the market to move up about 10 percent in 2018 from a very neutral pricing seen today.
"I think we've already seen all the good things that we are going to see here," says McMillan. "Even though this will be positive in the short run, it's going to be a one-off effect." McMillan says after we get past the next quarter, he doesn't expect to see much impact from tax reform in the markets.
The major indices reached all-time highs this week – but when it comes to that Dow Jones record, veteran CIO Kevin Mahn says, ‘I don’t even look at the Dow.’
The WNBA is gearing up for what is sure to be an incredible season — with sold out crowds and high ratings. It's Caitlin's world, we're just living in it.
Tipping expectations have increased. A 2023 survey revealed that approximately 72% feel they are now asked to tip service workers more often than before.
Inflation-weary Americans are still spending money every month, but the April numbers show they’re starting to cut back on a few types of expensive purchases.
