By  on January 2, 2018

Happy 2018. The New Year should be a decent one for mergers and acquisitions and initial public offerings in the technology space, but not so great for U.S. equity stocks in the retail, apparel and beauty sectors.

Bart van Ark, chief economist, global for The Conference Board, expects global gross domestic product growth to be in the 3 percent range for the year, although GDP for the U.S. — a mature market — will likely be closer to 2.6 percent in 2018.

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