The year of the “bull market in all things” is coming to an end, and with it, we suspect, the broad, indiscriminate bull. Global economies are all up in sync, but this might give pause; the last time we saw this was in 2007, ahead of the credit crisis. We are not suggesting a sharp recession and market crash are imminent. But some economic disruption and a market slowdown are possible, and some discrimination among markets and sectors more than possible. Finish reading here: Portfolio Review 2017 4Q