2018’s Rosy Scenario – with added Bubbles

Charles Dumas, Chief Economist, on TS Lombard's outlook for 2018. 3 major locomotives – US, EA, China – boosting 2018 growth Stocks bullish in 2018, bonds modestly bearish, euro up further 4 hikes by Fed, but policy still stimulative, as are ECB and BoJ Foolish quest for 2% inflation risks stock market bubble/bust Downswing in 2019 or 2020 to discredit central banks Major economies strongest this century in the medium term Chief threat is political, from mid-level job & income losses Monetarist paradigm jeopardised by intensifying anti-elitism To request trial please click here: https://www.tslombard.com/trial.php Follow us on Twitter   / ts_lombard   Follow us on Linkedin   / 12180019   Follow us on YouTube    / @tslombard