Our condensed version of the global macro review of 2017 can be done in four words: Trump, elections, terror and China.

It may be fitting to observe that the current number one bestseller is “Fire and Fury”, a title that refers to a quote by Trump about the conflict with North Korea which places an exclamation mark on what was an exacerbating year. Since Donald Trump became the 45th US president in January 2017, the world has not been the same. His war of words with North Korean leader Kim Jong Un calling him “Little Rocket Man” and comparing one another’s nuclear button sizes, reminds us of spoiled and ruthless children. But here’s the problem: these two bullies are dealing with the safety of millions, perhaps billions, of people’s lives, with little certainty of a solution in the near future.