Skip to main content

Forecasts for 2008

Goodbye 2007, hello 2008. And to get us started, we have some interesting forecasts and predictions concerning world events and financial markets in the coming year.

On the more "practical" side of the fence we have the Financial Times' predictions for 2008, driven by the FT's "crack corp of pundits" who, "throw caution to the wind and risk humiliation in the pursuit of glory".

So you see, they fully realize the folly of forecasting going in. This awareness, combined with the rather straight-laced tone of their forecasts is what leads me to label this exercise as a more practical and carefully considered example of the art of crystal ball gazing.

Our second batch of forecasts comes from Saxo Bank's Outrageous Predictions for 2008.

I first stumbled upon Saxo's predictions in an english version Pravda article, and at first I thought the dire headline warnings about the direction of the US economy were a work of state-sponsored doomsaying on Russia's part.

But in fact, the predictions of significantly higher oil prices and a stumbling US stock market were the work of Denmark-based Saxo Bank, which traditionally offers its "outrageous" predictions in order to spur thought and debate.

I was very interested to read some of Saxo Bank's calls, especially in the area of commodity prices and in its mention of US politics and Presidential candidate Ron Paul. Give this one a look, because I think you will find these forecasts a worthwhile read as well.

Enjoy both sets of forecasts, and we'll see you back here in 2008. Best New Year's wishes to everyone!

Popular posts from this blog

Moneyball: How the Red Sox Win Championships

Welcome, readers . T o get the first look at brand new posts (like the following piece) and to receive our exclusive email list updates, please subscribe to the Finance Trends Newsletter .   The Boston Red Sox won their fourth World Series title of t he 21st century this we ek. Having won their first Se ries in 86 years back in 200 4, the last decade-plus has marked a very strong return to form for one of baseball's oldest big league clubs. So how did they do it? Quick background: in late 2002, team own er and hedge fund manager, John W. Henry (with his partners ) bought the Boston Red Sox and its historic Fenway Park for a reported sum of $ 695 million. Henry and Co. quickly set out to find their ideal General Manager (GM) to help turn around their newly acquired, ailing ship. This brings us to one of my fav orite scenes from the 2011 film , Moneyball , in which John W. Henry (played by Ar liss Howard) attempts to woo Oakland A's GM Billy Beane (Brad Pi

William O'Neil Interview: How to Buy Winning Stocks

Investor's B usiness Daily founder and veteran stock trader, William O'Neil share d his trading methods and insights on buying winning stocks in an in-depth IBD radio interview. Here are some highlights from William O'Neil's interview with IBD: William O'Neil's interest in the stock market began when he started working as a young adult.  "I say many times that I didn't get that much out of college. I didn't have much interest in the stock market until I graduated from college. When I got married, I had to look out into the future and get more serious. The investment world had some appeal and that's when I started studying it. I became a stock broker after I got out of the Air Force."    He moved to Los Angeles and started work in a stock broker's office with twenty other guys. When their phone leads from ads didn't pan out, O'Neil would take the leads and drive down to visit the prospective customers in person.

New! Finance Trends now at FinanceTrendsLetter.com

Update for our readers: Finance Trends has a new URL!  Please bookmark our new web address at Financetrendsletter.com Readers sticking with RSS updates should point your feed readers to our new Finance Trends feedburner .   Thank you to all of our loyal readers who have been with us since the early days. Exciting stuff to come in the weeks ahead! As a quick reminder, you can subscribe to our free email list to receive the Finance Trends Newsletter . You'll receive email updates about once every 4-8 weeks (about 2-3 times per quarter).  Stay up to date with our real-time insights and updates on Twitter .