My Top 15 predictions for 2010

1. Gold/Silver rally will experience a 1999-2000 dot com climax this year and falter. Shorting Gold is a better trade.
2. China Shanghai will crash and burn after putting a new high. Stimulus is working now, but a lot of the data points that are coming from the government seem massaged.
3. Apple iPhone has a serious competitor finally. Google Nexus One will garner a better than expected market share by end of the year.
4. U.S Federal reserve will raise interest rates in the 3rd quarter flattening the yield curve. US Dollar will put in a rally against major currencies.
5. S&P will Nasdaq will perform better than the other U.S indices as Technology companies earnings will continue to rise.
6. China will take over Japan as the 2nd largest economy in the world.
7. U.S will experience a double dip recession. Unemployment will stay above 9% rest of the year.
8. Twitter will go public. Facebook will challenge Google’s Ad market space.
9. Two of the PIGS countries default (my bet is on Greece and Ireland) making Euro zone vulnerable
10. Israel bombs Iran’s nuclear facilities initiating a middle east conflict. Another revolution is highly possible.
11. Democrats lose 2010 elections to Republicans. Some firing at the top cabinet positions (hint: Geithner), Federal Reserve (Bernanke)
12. Consumptions of news from Mobile devices will outpace Newspapers
13. Inflation will make a comeback thanks to Stimulus Part Deux
14. LinkedIn get bought out by Microsoft/Cisco/Google
15. Commercial real estate continues to suffer. Say goodbye to all time low rates.

My Top prediction for 2010 is (roll the drums…) that world will not end in 2010.

Posted: 01|18|10 at 9:25 pm. Filed under: Economy. Pinging is currently disabled.