A top-tier financial web site interviews me at the start of every year. The interviewer typically asks me about specific securities, asset allocation, economic backdrop as well as the impact of events (e.g., central bank monetary policy, mid-term elections, tax reform, etc.)
This year, at the tail end of the interview, I fielded an atypical query. He wanted to know what "market surprise" might occur in 2018 (good or bad) that the financial media are not talking about.
I thought for a brief moment. Then, I answered with the following:
"You have scores of