Investment Strategy: Balancing risks and opportunities

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In our Investment Outlook, published in December, our Chief Economist Han de Jong described the investment environment of 2017 as “nothing short of incredible.” It was a year expected to be a solid basis for economic activity in 2018.

Investors were cautioned, however, that 2018 would present a more challenging environment, as the extended business cycle would introduce more ups and downs in financial markets.We remained positive regarding the outlook for stocks, but future return expectations were diminished.
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