Financial Execs Offer Predictions for 2018

At the CFA Society Toronto’s 2017 Annual Investment Dinner held recently in Toronto, attendees and members of the financial industry provided the following predictions for 2018, using audience response devices:

Economic growth in the United States and Canada over the next decade will be:

3%, no sweat 8.3%
We can do a bit better than 2% 41.86%
Stuck at 2% 25.57%
Below 2% 20.20%
No idea 4.07%

 

Global stock markets are:                 

Always rational and correctly valued 7.12%
A real bargain right now – buy! 11.65%
Overvalued – sell! 53.56%
No idea 27.67%

 

When will the next downturn be?

2018 17.42%
Within 3 years 56.26%
Within 5 years 21.96%
Not for at least a decade 4.36%

 

Ayo Mseka
Editor-in-Chief