UCLA Anderson Economic Forecast

December 2017 Economic Outlook


The equity bull market on Wall Street continues to roll along. Will stocks continue to rise in 2018, or is a major correction looming? Bond yields have been trading at historically low levels for nearly a decade. Will the era of low bond yields continue, or will interest rates normalize, sending 10-year U.S. Treasury bond yields to well above 3%? With wholesale changes in the Federal Reserve Board coming in 2018, will the Fed continue on its moderate pace toward interest rate normalization or will the markets be surprised?

Korn Convocation Hall, UCLA Anderson School