The Protectionism Genie: Out of the Bottle?
by Robert Folsom
Updated: January 25, 2018
The Danger of INFLATED Expectations Is One of History's Least-Remembered Lessons
Expectations for 2018 are SO high ... for the economy, for the markets, for investor portfolios. In truth, of course, the "return to earth" is inevitable.
You've just seen a chart that shows how quickly the turn can come. Sentiment, the economy, and the markets pivot from "surprisingly good," to "shock and disappointment."
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U.S. - DJIA, S&P 500, NASDAQ
Europe - DAX, FTSE 100 & 250, CAC 40, AEX, SMI, IBEX 35, S&P/MIB, Dow Jones Euro Stoxx 50, RTS and CECE Overall Traded Index
Asia-Pacific - Nikkei 225, Shanghai Composite, SENSEX, Hang Seng, All Ordinaries, Strait Times Index, KOSPI and TAIEX
EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDCAD, USDMXN, USDRUB, USDBRL, USDZAR, EURJPY, EURCAD, EURGBP, GBPJPY, NZDUSD and AUDJPY
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(* Markets may vary depending on market movement)