The Tripwires of 2018

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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