We have again seen a spectacularly correct year in our outlooks for the market. Importantly, we have also grown our ability to ‘get it right’ this year on several fronts.
But we won’t make a foolish forecast of optimism overall, although that was an easy call last year. The reason? We have a large (and growing) number of tripwires to be wary of in 2018. Any one of them could provide the critical prick to blow-out the stock bubble. And no question, but that Wall Street has its full complement of pricks….
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