Thursday, January 7, 2010

Top 10 for 2010

1) Dems hold both house and senate. The civil war and lack of money will do in the Republicans.
2) Greece fails. They Drop the EU.
3) The surprise trade of the year? The dollar silly :)
4) Gold under performs, more whinny complaints from all gold bugs. Sorry you need big wins to make this a winner.
5) Pounds falls to parity with the Euro.
6) Iran's government will be sourly tested but stands at the end of the year.
7) Immigration bill will not be passed next year.
8) U6 tops 20%, U3 hits 12%. Economic recover is tepid with negative GDP in Q3 and Q4
9) CRE and more mortgage loses cause over 400 banks to fail.
10) Ben the Printer and Larry Summers are gone by this time next year. Tim G holds on.

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