2018: Year of disconnect
December 27, 2018 @ 17:00 UTC
2018 became a tipping year during which a critical mass of negative factors was accumulated. At one point, there were so many of them, so markets cannot ignore them, and it led to a drastic change in trends. In our opinion, they will remain in place at least for few months ahead. It depends on the politicians whether the economy will be completely out of the way of growth or it will be returned to the path of prosperity.
Everything started with the rally on the stock markets. In the first 4 weeks, S&P 500 added more than 7%, reaching the annual growth goals of many investment banks. Global institutions, such as the IMF, have continually improved forecasts for the global economy, noting a rare period of synchronized growth. However, all this well-being turned out to be very shaky.
FxPro offers you a series of articles titled “Results of the Year”. Let’s recall what was the major trends in 2018.
Alexander Kuptsikevich, the FxPro analyst