We’ve delved deep again this year in penning our annual list of 10 Outrageous Predictions. As usual, we roam the world and ride roughshod over consensus in sni ng out these supposedly highly unlikely events with underappreciated potential – events that could have tremendous implications if they come to pass. Enjoy!
For 2018
– 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 ‘ ash 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 ee 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
