As this year draws to a close, it is likely to go down as one of the strongest yet in a rapidly aging bull market. What will 2018 hold? The December report outlines our preliminary expectations for markets, global economies, and what investors should be watching for as the new year dawns. Normalizing inflation, globally synchronous strengthening economic activity, midterm elections, and potentially changing consumer and business behavior (as a result of tax law changes) are just a few of the things in our sights. The report also touches on a topic near and dear to every investor's heart: tracking error and how to keep it in perspective.