The Trader 

Reviewing January’s outlook

The Trader

Market analysts and economists enjoy laying out their wares at the start of the calendar year. A ‘Goldilocks’ theme was dominant, many expecting Europe’s 2017 outperformance to continue, and North America to slow a little due to Fed monetary tightening. By the summer at least one US bank was suggesting that Goldilocks had got a fright, and that while the macro picture was still positive it wasn’t firing on all cylinders. Across the pond many were surprised at how well the US economy had done in the first half.

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