Benjamin Montgomery

10 Big Hairy Predictions

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If you are an economist, financial analyst, or politician you always put your reputation on the line when you make a prediction.  Lucky for me I am none of the above.  It is always fun to stir up a little controversy.

  1. The bailout bill passes the House.  All of the politicians say that they believe in capitalism, but under these “dire” circumstances there was no other option. (check)
  2. The stock market (DOW) sees a 1000 point gain over the next couple weeks. (check)
  3. Gold and other commodities remain stable or even decline slightly over the next couple weeks. (check)
  4. The unemployment, sales and consumer confidence numbers remain dismal.
  5. The stock market (DOW) sees a 1500 point loss before the end of the year.
  6. Gold breaks $1000 before the end of the year.
  7. Before the end of the year we see 30% increase in food prices.
  8. The Fed drops interest rates before the end of the year.
  9. There is a tax revolt by a significant number of individuals by the end of 2009.
  10. Martial law is declared in at least one US city before the end of 2009.
  11. Bonus:  America gets back to work in 2010.

Well, I put them out there.  Now let me know your thoughts.

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Written by benmont1981

October 2, 2008 at 3:49 pm

Posted in Uncategorized

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