Next year looks set to be a good one for U.S. stocks, which are expected to plow far ahead of those in other key regions in the world, analysts say.
The forecast for the U.S. economy, which is by far the largest in the world, is solid with GDP growth expected to average 2.5 percent over 2018, according to a recent report from Goldman Sachs. If the projection comes true it will be double the 1.2 percent rate reached during 2016's second quarter, according to data from the St. Louis Federal Reserve. Read more here.
A BRUTAL COLD SNAP IN DECEMBER IS LIKELY, ACCORDING TO SOME FORECASTERS,
and it could lift winter wheat prices higher than $5 a bushel, up more than
a dollar from recent prices. A rally would aid the much-beleaguered farm
economy, which has been hurt by steadily falling wheat prices since mid-2012. Read more here.
Some of the biggest exchange-traded funds now have bid-ask spreads lower than the underlying securities they hold.
There are multiple reasons, but a significant part of the answer is that these investment vehicles offer a more favorable investing alternative for the institutions that buy and sell them. Read more here.