The year 2017 has been stellar for stock market investors. Interestingly, most of the rise has been caused by enthusiasm about the future.
The large reductions in the governmental regulations, hopes that there will be more in the future, hopes that tax cuts will be substantial and fuel future economic growth, and hopes that the efforts of the far left to derail the president’s growth agenda will fail, have all led to the rise in optimism among investors.
Wall Street firms have just issued their forecasts for the stock market in 2018. The forecasts seem to be looking for 10%–15%