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RE: Schwab Strategist Dismisses Bitcoin Comparisons to Dot-Com and Housing Bubbles
#bitcoin
I think not all of them can really predict the future price of bitcoin
#bitcoin
I think not all of them can really predict the future price of bitcoin
Bullish on 2018
Kleintop said 2018 will be a strong year for equity valuations, and the first year for back-to-back, broad economic growth in more than 10 years. The top 45 economies all are expected to grow next year, pointing to further earnings growth.
In 2017, earnings increased every month as stocks rose, he said.
Yield curves are flattening slightly, Kleintop said, which is one area of concern for 2018. The yield curve could portend a recession in 2019 or thereafter.