What will markets do in 2020? Welcome to "The Turbulent Twenties"

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The big event is upon us. Not the general election, but rather the end of a very strange decade, unique in so many ways – the first decade with no recession, unique over-valuation in the US stock market and bonds globally, a growing climate crisis, and a democratic structure in the Western world which is creaking badly at a time when “the 99%” are losing trust in our political structures.