Here’s What You Should Watch in 2018

Year 2017 saw the S&P 500 gain nearly 20%, the best performance since 2013, and some strategists expect the New Year to yield further growth in the broad equity markets. Kitco News’ Daniela Cambone is joined by The Street’s Scott Gamm to discuss bank analysts' expectations for U.S. stock markets in 2018. “Bank of America Merrill Lynch, J.P. Morgan Chase, have a 3,000-target on the S&P 500, USB has a target of between 2,850 and 2,950. Wells Fargo Institute is a little bit lower at 2,700,” says Gamm.Gamm said that the financials sector is likely to benefit most from drivers of equities growth, including the recent tax reforms. Speaking on cryptocurrencies, he said that the Bitcoin fever is unlikely to go away soon, owing to more exchanges offering Bitcoin futures contracts. (show less)

Year 2017 saw the S&P 500 gain nearly 20%, the best performance since 2013, and some strategists expect the New Year to yield further growth in the broad equity markets. Kitco News’ Daniela Cambone is joined by The Street’s Scott Gamm to discuss bank analysts' expectations for U.S. stock markets in 2018. “Bank of America Merrill Lynch, J.P. Morgan Chase, have a 3,000-target on the S&P 500, USB has a target of between 2,850 and 2,950. Wells Fargo Institute is ... (read more)

Daniela Cambone

Daniela Cambone

Editor-in-Chief

Biography
With over a decade of international experience, Daniela Cambone covers prominent industry events and interviews a number of leading analysts, financiers and political leaders for Kitco News. She began her career covering the Canadian financial and insurance industry and later worked in Europe covering the political and financial scene for the International television station, Press TV. Daniela holds a BA in Broadcast Journalism and an MA in Journalism & Communications.

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