Originally Posted by
bull....
i dont think the us markets have ever had a negative december , also fund managers run the risk of selling and getting left behind as 2018 looks like it could be another good year of increasing earnings ( the tax cuts add to company earnings nicely ) and at the same time reduce pe ratios so what looks high now ( in some peoples view ) will be lower pe's when tax cuts go thru.
add to that regulation reform , cash repatriation , infrastructure spending , low interest rates , money printing still , earnings could surprise on the upside i reckon.