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.
Kory Kantenga, Head of Economics Americas at LinkedIn, unpacks Friday’s jobs numbers, labor force trends, and signals of a potential economic deal with China.
Bret Kenwell, US Investment Analyst at eToro, joins us to break down tech earnings, what’s driving tech stock momentum, and what investors should watch next.
Citigroup’s Global Chief Economist, Nathan Sheets, breaks down the Fed’s decision to hold rates, Trump’s reaction, and the likelihood of a cut this fall.
Tony Edward discusses Ethereum’s rise, governance of corporate crypto treasuries, the newly signed GENIUS Act, and the pending CLARITY Market Structure Act.
The Ether Machine, led by CEO David Merin, announces a $1.5B SPAC IPO. The firm holds 400K ETH, making it the largest Ethereum treasury holder globally.
