(Dealbreaker) This is the time of year when everyone gets together and pens 100-page tomes, chock-full of recos that, while based on a set of ostensibly reasonable assumptions and models, will almost invariably fail to play out. One thing everybody has going for them headed into 2018 is that the consensus take on risk assets rests on the now ubiquitous “Goldilocks” narrative, the pillars of which are synchronized global growth but still subdued inflation in developed markets.
Wall Street Consensus: 2018 Will Make Us Rich And Move Us Ever Closer To The Apocalypse
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