A 3-month correction on the S&P 500 or the beginning of the crash? You could hear the B word quite often at the end of the last year. And it was not only Brexit but also bear market…
On the 28th October I published the analysis for the Investment League project which I am an administrator and a partaker. It is the educational project for learning investing among my office colleagues which allows to try investing but without taking the risk, using our virtual portfolio of shares. It gives the opportunity to understand how investing on the stock market works.
As many institutions are playing to be a forecaster, I also have decided to give it a try. I will have a look at currencies, stock markets and commodities prices in 2018.
Currencies and cryptocurrencies
In my opinion US dollar plummeted too much in the last year. Raising interest rates and possible repatriation of money by American companies, caused by lowered tax rate, will strength the dollar. Also British Pound will finally grow slightly. The currency which I underweight is Euro.