10 Predictions for 2011 by Saxo Bank
The 10 predictions are:
• U.S Congress blocks Bernanke’s QE3
• Apple buys Facebook
• U.S. Dollar Index tops 100
• U.S. 30-year Treasury yield slides to 3%
• Aussie-sterling dives 25%
• Crude oil gushes before correcting by one third
• Natural gas surges 50%
• Gold powers to $1,800 as currency wars escalate
• S&P 500 reaches all-time high
• Russia RTS Index reaches 2,500
Last year Saxo got three out of its 10 predictions right, whereas in previous years they have managed four out of 10. (source CNBC).
