Bulls had plenty to celebrate last year—but that’s in the rearview mirror.
What about 2018?
Two factors rise above the rest.
“It’s still all about growth and inflation,” McCullough says. “If you get growth and inflation right, in rate-of-change terms, you’re going to get a lot of other things right.”
The growth of profits and GDP have been helping carry the stock market to new all-time highs for over a year now. McCullough says that should continue to benefit stocks in the near term – simply continue measuring and mapping this data.
Watch the video above for more.