The lovely folks at SaxoBank publish a list of "Outrageous Predictions" every Christmas. Here's there list for 2019:
- EU decides to socialise the debts of Italy, with Germany picking up the cheque
- Apple buys Tesla at $520 a share
- Trump fires Powell, and inflation runs away
- Prime Minister Corbyn's new policies crash sterling all the way to parity with the dollar
- GE files for Chapter 11, knock-on effect hurts Netflix and liquidity dries up in bond ETFs
- Australia's property market crashes, and the 4 big banks get nationalized
- X-Class solar flare wipes out half the satellites causing global chaos
- Climate panic leads to passive global tax on airlines and the shipping industry
- IMF and World Bank stop measuring GDP and move to measures of productivity.
What's yours?
Reddit Gold for the funniest! :)
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And if you are wondering what their predictions were this time last year:
- Fed loses independence as US Treasury takes charge > Treasury enacts 2.5% yield cap after massive spike
- Bank of Japan loses control of its monetary policy > USDJPY rises to 150 and then collapses to 100
- China issues CNY-denominated oil futures contract > Petro-renminbi surges, USDCNY below 6.0
- Volatility spikes on sudden S&P 500 ‘flash crash’ > S&P 500 drops 25% in spectacular plunge
- US voters push left in 2018 mid-terms, bonds spike > US 30-year Treasury yields rip beyond 5%
- ‘Austro-Hungarians’ launch hostile EU takeover > EURUSD to 1.00 after hitting new highs
- Investors flee Bitcoin as governments strike back > Bitcoin @ $1,000
- South Africa resurgent after ‘African Spring’ > ZAR gains 30% versus EM currencies
- Tencent topples Apple as market cap king > Tencent shares gain 100%
- Women take the reins of corporate power > Female CEOs at more than 60 Fortune 500 companies
And if you want to look at their predictions over the last 5 years, visit their website.
Submitted December 18, 2018 at 09:24AM by shane_stockflare https://ift.tt/2S8F5dZ
