With just three weeks to go, 2018’s market contrarians are proving prescient.
The outlook was decidedly bullish for US stocks and developing-nation assets 12 months ago, with both forecast to build upon a stellar 2017. The beaten-down greenback wasn’t expected to fare any better in 2018, as a rosy international growth outlook threatened to lure investors away from American markets. And despite some tough talk between the US and China, risks of an all-out trade war were an afterthought.
Not much has gone according to plan, but DWS, Cantor Fitzgerald and Morgan Stanley were among the few who
The outlook was decidedly bullish for US stocks and developing-nation assets 12 months ago, with both forecast to build upon a stellar 2017. The beaten-down greenback wasn’t expected to fare any better in 2018, as a rosy international growth outlook threatened to lure investors away from American markets. And despite some tough talk between the US and China, risks of an all-out trade war were an afterthought.
Not much has gone according to plan, but DWS, Cantor Fitzgerald and Morgan Stanley were among the few who

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