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.
The Trump administration announced a trade deal with the United Kingdom Thursday in grandiose terms, but with only limited details about what it achieves.
R.J. Hottovy, Head of Analytical Research at Placer.ai, unpacks the recent changes at Starbucks and if the brand refresh has helped the business. Watch!
