What good will your 2019 resolutions be if you don’t know what’s coming at you next year no matter what? People in my line of work are fascinated by predictions...but as Yogi Berra once said: “Prediction is very hard, particularly when it’s about the future.” more...
The biggest problem for the global economy in 2019 will be massive business failures. Perhaps bank failures, too. On the demand side, the end of free money will make it difficult for consumers to take on more debt. On the supply side, it could push low-profit business off the cliff. Simply put, the end of free money is setting the global economy into a vicious cycle of slower growth. ...
Institutions are known as smart money, but they often get caught crowded into popular trades that are quick to reverse. One of those is the play of selling the US Dollar. Per Bank of America Merrill Lynch, the short US Dollar trade is the second most crowded trade second to bullish US equities and the most crowded FX trade. The short-term outlook has seen focus turned to the concerns of the US fiscal expansion late into an economic cycle ...
British Pound Forecast: Supported For Now But Politics Hold Sway The British Pound continues to be held ransom by the ongoing Brexit talks although next month’s central bank policy decision may underpin GBP Euro Forecast: ECB To Announce Start of Tapering, Will Avoid Any Surprises Euro trading will be dominated in the coming week by Thursday’s meeting of the European Central Bank, which will signal a tightening of Euro-Zone monetary policy from January. ...
Everything Goldman Sachs predicts for 2017 - in one chart the source
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