Bitcoin, housing bubble and Trump: Fact & fiction behind doomsaying in 2018

The most genuinely worrying thing that might happen in 2018 is armed conflict on the Korean Peninsula

If 2018 pans out like some of the early commentary suggests then we’re in for a rough year. If you believe the hype, then asset bubbles abound, global institutions are under attack, war on the Korean Peninsula is imminent, and the United States tax cuts might sink the Australian economy.

There is some truth to all of these concerns, but if you balance up all the risks, we should be alert but not alarmed.

Asset bubbles

The two most notable potential bubbles are in Australian housing, and in cryptocurrencies like Bitcoin.

I have written a fair bit about risks in the Australian housing market