Bank of America raises hits 2018 S&P 500 forecast - CNBC

According to CNBC report, the Bank of America has raised its S&P 500 forecast Tuesday for 2018 to 3,000 from 2,800. 

Strategists say the 'great rotation' out of bonds into stocks that will signal the end of the bull market is not at hand and expect Mergers &Acquisitionss (M&A) to pick up significantly, as corporations are likely to spend following the US tax overhaul.