With Bloomberg you get the story behind the story, the story behind the global birth rate,

behind your EV batteries environmental impact, behind sand. Yeah, sand, you get context.

And context changes everything. Go to Bloomberg.com to get context. Hello and I'm Joe Wiesenthall. So, Joe, it's that time of you.

Hello and welcome to another episode of the Odd Thoughts podcast.

I'm Tracy Allaway.

And I'm Joe Weisenthall.

So, Joe, it's that time of year again.

You know, we're getting close to the end of 2018,

and that means everyone is starting to talk about what 2019 might have in store for markets.

Truly the most wonderful time of year, I think, is the season right about now, it always

warms my heart, and that's when you start getting analyst notes

from Cellside shops talking about what their 2019 forecasts are for all asset classes, stocks and bonds and currencies.

I truly think it's really like the most heartwarming time of year

for that reason.

Okay.

Don't you?

Absolutely, the most wonderful time of the year, indeed.

But there's a little bit of a difference this year, I feel.

And probably it's because December is coming off the back of November and October, which as we've discussed

on the All Thoughts podcast before, have been pretty painful months for a lot of investors. Yeah, that's true.

And of course, people always update their forecasts, basically, to some extent,

extrapolating on what happened in the recent past. So I think the fact that we got this sort of October,

...