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Stock markets hit record highs – here are three reasons why
Goldilocks' requirements for the perfect bowl of porridge are similar to the requirements of an attractive economy. Not too hot - growth busting out the lights raising fears about sustainability and rampant inflation. And not too cold - economic slowdowns and recessions pulling down business profitability and weighing on equity valuations. Market investors certainly sense that 2018 will see a continuation of a global "Goldilocks economy". Why? Firstly, there is the gentle recovery in economic growth and increasing demand for companies products across the major drivers of the world economy - Japan and the Asian ... (full story)