Three big themes: What does 2018 hold in store for markets?

Last year saw the global economy continue to expand and, for the first time in this cycle, growth was synchronised across most major economies. Inflation failed to accelerate enough to upset the recovery, while most political events proved to cause less trouble than feared. As the global expansion reaches its tenth year, investors are worried 2018 will prove to be a turning point for markets. After last year's extraordinary gains in equity prices ­- and even in the past couple of weeks ­- should we be concerned? According to JPMorgan Asset Management's quarterly guide to the markets, ...