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.
After a two-year-long high, interest rates are coming back to earth. So what happens next? Plus: Boeing's woes, UAW may strike, and of course Elon's World.
PLUS: American Eagle marks 30 NYSE years with a record stock high. CMO Craig Brommers discusses Gen-Z trends and collabs with Coco Gauff and Trevor Lawrence.
The Verge's Emma Roth joins Cheddar to discuss the iPhone 16, Apple Watch upgrades, all things Airpods and Apple Intelligence. But is it worth the hype? Watch!
