Some Guesses About 2018?

January 02, 2018 BY James Paulsen

Welcome to 2018!

Compared to the start of any other year during this recovery, things feel pretty good. The U.S. just finished what is likely the only back-to-back-to-back quarterly 3%+ real GDP growth rates of the recovery, the unemployment rate is within an eyelash of a 50-year low, U.S. real median income finally reached a new record high (i.e., the recovery has reached Main Street), holiday sales reportedly jumped by 4.9%—the biggest increase since 2011, and consumer confidence recently rose to its highest level since 2000.


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