Saxo Bank Presents Its 10 Black Swan Predictions For 2011
Saxo Bank has released its 10 outrageous predictions for 2011 and they include some notable tail-risk possibilities.
Among the subjects: What might happen between Congress and the Fed, who Apple might buy, and the future of the US dollar.
The Congress stops Fed Chairman Bernanke's plans for quantitative easing 3.
Apple acquires Facebook.
Apple's Steve Jobs, seeking a means to get into the Social Networking space and out compete Google, buys Facebook. The deal gives Jobs' company access to Facebook's massive amount of users, sees FaceTime combine with Facebook chat, and helps the company to sell more iOS devices. Source: Saxo Bank
The U.S. dollar index rises to over 100.
Source: Saxo Bank
The yield on the U.S. 30-year treasury sinks to 3%.
The Australian dollar falls 25% against the UK pound
Source: Saxo Bank
Crude oil surges, but then drops in price by one third.
The price of natural gas rises by 50%.
The price of gold soars to $1800 as the global currency war rages.
With Bernanke's support, the S&P 500 rises to a new all time high.
U.S. investors buy in to Ben Bernanke's strategy and start getting in on the stock surge. Those investors start spending their earnings too. Businesses continue to pay down debt and the U.S. economy enters a full blown recovery. Source: Saxo Bank