SEB: Investment Outlook: Get ready for more volatility
Continued signs of strength on a broad front confirm the picture of a global economy in a phase that looks like a mature expansion period. However, our picture of the capital market in 2018 is somewhat different from 2017, which included a combination of favourable factors that resulted in very strong asset markets and record-low volatility. This year we expect more erratic and volatile market performance. "Last year we had strong economic growth without troubling inflationary impulses, stable and increasing earnings, extremely low interest rates and central banks that were pumping