Markets Insights

Will 'Goldilocks' theme bear fruit?

Construction workers in Beijing. A China debt crisis could yet prove a risk to the global economy, among other things. The country's struggle with exceptional levels of corporate leverage could also "send jitters through financial markets", said AXA
Construction workers in Beijing. A China debt crisis could yet prove a risk to the global economy, among other things. The country's struggle with exceptional levels of corporate leverage could also "send jitters through financial markets", said AXA Investment Managers.PHOTO: AGENCE FRANCE-PRESSE

Many expect rosy story of equity appreciation to continue in 2018, but beware sting in the fairy tale