Monday, December 18, 2017
Here's what 12 Wall Street pros are predicting for the stock market in 2018
Almost no one is bearish.
This year is poised to be one of the most profitable for the S&P 500 in this bull market, now entering its ninth year, with a double-digit gain. And all the lead strategists at top Wall Street firms expect many of the same catalysts to lift stocks again in 2018, particularly earnings growth and US economic expansion.
Across the board, the GOP's Tax Cuts and Jobs Act is expected to boost the profits of America's largest companies, and possibly reward shareholders through more buybacks.
But 2018 may not rival 2017 as one of the most peaceful in market history. Some strategists warn that the regular pullbacks that create volatility could resume.
Here's what strategists forecast for 2018, in ascending order of their year-end targets for the S&P 500: