Friday, January 04, 2008
2008 Financial predictions
2008 Forecasts
Like most ill informed pundits,my 10 Forecasts for 2008.A lot of it wishful thinking.
1. Oil reaches $125 (mostly on supply disruption concerns).
2.Gold breaks $1100 per troy ounce.
3.Dollar hits 2.40/£.
4.US interest rates hit 2.5%
5.At least one major Wall Street firm is taken over/Goes to the Wall.
6.Northern Rock is officially nationalised.
7.Dow falls below 10,000.
8.Bank of England independence officially retracted.
9.$ hits further record lows vs €
10.Major US monoline insurer goes bust.
RB
Like most ill informed pundits,my 10 Forecasts for 2008.A lot of it wishful thinking.
1. Oil reaches $125 (mostly on supply disruption concerns).
2.Gold breaks $1100 per troy ounce.
3.Dollar hits 2.40/£.
4.US interest rates hit 2.5%
5.At least one major Wall Street firm is taken over/Goes to the Wall.
6.Northern Rock is officially nationalised.
7.Dow falls below 10,000.
8.Bank of England independence officially retracted.
9.$ hits further record lows vs €
10.Major US monoline insurer goes bust.
RB
