S&P 500 is down 1.9% for the year

[skaoluan]

What's everyone's predictions for the end of 2018? I'm guessing about this: .5 to 3% loss overall. A lost year, despite major tax cuts.

 

[moonphantom]

@skaoluan

What's everyone's predictions for the end of 2018?

my prediction is that a lot of people will lose money by trying to make predictions.

 

[anonrose]

@moonphantom You've doomed yourself. Delete this prediction.

 

[stparvez]

@moonphantom Yes hi i would like to sell the securities that people are losing money on

 

[purity1234]

@moonphantom CHA-CHING.... GOT HIM! +1 FOR NOSTRATIC

 

[mickaela]

@moonphantom And some people will make money

 

[drewdev]

@skaoluan My prediction S&P will finish up 5-10% Jan-1 to Dec-31.

 

[isaih520]

@skaoluan Perhaps more meaningful to say that Dow is 10% down from the 52 week high and s&p is 8% down in the same period. Trailing twelve month. Nobody knows what 2018 will be. All I can i say is that it will be volatile.

 

[drewdev]

@isaih520 Couldn't you argue the market should gradually rise if some of the $1.5T in tax cuts and overseas cash will go into the US stock market?

 

[thristyy]

@drewdev Sure, but you could also argue that escalation of protectionism would decrease market size for many businesses as well as increasing operating costs for a huge number of businesses.

 

[drewdev]

@thristyy I think the bigger risk is the rising interest rates. Some investors will pull out of stocks if they're getting 3-4% yields on US debt.