Cathy Curtis | Source | Founder & Financial Advisor at Curtis Financial Planning

Tax reform is a big deal for my clients in California, because we're a high-tax state and they are looking at the loss of several SALT deductions. It's going to cause a lot of my clients a bigger tax bill. Some of that will be offset by the lower tax rates, of course, but it kind of depends on what tax bracket you're in.

I really feel strongly that we're not going to see a recession until at least a year, year and a half — maybe even longer. The U.S. and global growth are strong right now and could even be stronger next year. So, to me, this year may again be another positive year for stocks.