Global Markets

What does 2018 have in store for developed markets?

Global Markets Focus
Written by Capital Economics Economist

We think that investors are still underestimating the extent to which the Fed will tighten policy next year. As a result, we forecast that the dollar and Treasury yields will rise in 2018. We don’t think that this will take a big toll on US equities, though, which are more likely to come under fire in 2019.