It’s a new year, and who knows what 2018 has in store for us? We asked a variety of faculty members from across academic units at Daniels to look into their crystal balls and tell us what their predictions for 2018 are. Here’s what they said:

 

Andrew Urbaczewski, chair and associate professor of the department of Business Information & Analytics: “2018 will be the year that the Bitcoin bubble will burst.  Cryptocurrencies will survive and perhaps even thrive in the coming years, but the Bitcoin-mania is another bubble.”

John Holcomb, professor of Business Ethics and Legal Studies: “I predict that Google and Facebook will come in for heavier legal scrutiny and challenges to their economic power; that social media will face more criticism over its adverse impact on society and the culture; that more high-profile male figures will be charged with sexual misconduct; and that Hillary Clinton will once again face legal and congressional investigations.”

Ron Throupe, associate professor at the Burns School of Real Estate and Construction Management: “In general, residential housing markets will see price increases, aided by a positive economic outlook and the production costs of new housing, although tempered in comparison to recent years, as potential buyers determine if wage increases materialize from tax reform and deregulation.”

Paul Seaborn, assistant professor in the department of Management: “The legalization of recreational marijuana in both California and Canada in 2018 will significantly divert media attention, investors and tourists from Colorado’s industry. However, the leading Colorado firms in the industry will continue to grow and expand their influence within and beyond our state due to their multi-year head start and accumulated expertise. At the federal level, any efforts by Attorney General Jeff Sessions to thwart the legal marijuana industry will further accelerate nationwide public support for federal legalization.”

Mac Clouse, professor of finance at the Reiman School of Finance: “I predict that the  new tax bill will have positive impacts for all the public, for corporations, and for the economy that will exceed the forecasts of both those who were for the act and those who were against the act.  However, this assumes that North Korea will not push the button.”

Donald Mayer, professor of the practice of Business Ethics & Legal Studies: “Victories by Verizon and Comcast in neutering net neutrality will make those companies even more unpopular than they already are. Also, the DU Hockey team will again compete in the National Championship title game!”