The return of the Goldilocks?
Also Interesting
At the start of the year, I wrote the blog “Goldilocks! What’s next?” reflecting on a great 2017 period in markets, described by many as ‘The Goldilocks’; not too hot and not too cold. All major economies were growing at a healthy pace, inflation remained in check and monetary policy remained accommodative while post-2009 fiscal austerity eased. However, we warranted caution as there were clouds forming on the horizon and that markets in 2018 won’t be such smooth sailing.