Thursday, January 7, 2010

Recap of the top 10 for 2009

2009 Headlines of the year! Overall not bad. Some clear misses, some near hits and some home runs.
Top 10 Headlines in 2009

1) China-USA trade war -(Clearly started, but not at the level I expected)
2) Civil unrest in detriot (Not yet)
3) Drug War violense spreads to US from Mexico (clearly up)
4) Obama's Massive Tax increases. (Yep for heath care)
5) cali and NY decalre Bankruptcty. (so close but not yet)
6) The fall of muniplicials tied to SCDO (Not yet but close)
7) The Great Pension Crises (In full swing, with minus 2 trillion unfunded at this point)
8) Why Gold did not play out as expected (Yep with the 12% gain you lose 60% to taxes)
9) Oil at $100 Again (Wow so close at $80)
10) FDIC requires Bailout money (Yep!)

bonus!
11) Failed Bank list tops 100 (Yep!)
12) Ford the last car maker left. (Nope)
13) Why did the treasury bubble collapase. (nope)
14) Is this a replay of 1933 (Nope 1931!)
15) AIG goes out of business (Nope)
16) CRE Markets worse shape ever. (god yes)
17) Loses from the credit crises top $2 Trillion ( way over)
18) Euro/Dollar now at 1:1 (Nope)
19) Major Crisies forces change in China (Not yet the bubble holds)
20) Putin is discredited and steps down (nope)

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