Outlook 2018

Dec 4, 2017
Ray Dalio outlook [from 24:50 onward, 25min]
Head of Bridgewater Associates [$150b+ fund]

Central banks pulling out liquidity to impact returns
Not expecting a crash like 2008
Chance of all assets peaking together
Equity valuations high, but “not risky”
Equities not expensive given current bond rates [echos Buffett]
Equities relative to other asset classes are “cheap” given global liquidity
India to see highest economic growth over next 10Y

Dec 18, 2017
Madhusudan Kela outlook on 2018 [11 min]
“No structural risk to the bull market, has long legs”

Jan 3, 2018
Jeremy Grantham, manager of the $77B GMO fund.
Bracing Yourself for a Possible Near-Term Melt-Up [13p pdf, 90 min]

Jan 4, 2018
Nilesh Shah, M.D Kotak AMC – Time To Book Profits If You Are Sitting On Big Gains [20 min]

Jan 5, 2018
“#1 Economist Hyman & Leading Value Manager McLennan discuss economic surges and super bull markets. Are we in a rare “super” bull market? In our exclusive annual outlook for the U.S. economy and markets Ed Hyman, Wall Street’s #1 ranked economist for a record 37 years provides answers, with leading value manager Matthew McLennan” [First Eagle Value fund, overseeing $111b in assets]
Video [Part 1 – focuses on the US, 26min  |
Part 2 on the world outside of US, 26min ]

Jan 8, 2018
Akash Prakash, Amansa Capital
Global investors should watch out for inflation and withdrawal of liquidity

Jan 9, 2018
Jeff Gundlach presentation highlights : The S&P will have a negative return in 2018
Original presentation [55p pdf, p5-59]

Jan 15, 2018
Uday Kotak, head of $30B K.M bank fears market rally poses risk of a bubble