2009 Predictions

The Economy will not recover in 2009, maybe early 2010.


Markets will end the year lower. 15-25% lower


First half markets will break the old lows. S&P 600 not out of the question.


Commercial Real Estate will collapse. Many Reits going to 0.


The dollar will remain strong even though dollar bears will scream otherwise.


The euro and pound will weaken significantly.

Gold will not soar, most likely will fall.


Commodities will remain weak.


Housing prices will decline another 10-15%.


Unemployment will hit at least 10%.


The savings rate will start to increase.


GDP will continue to be negative.


At least 1 state will default.


The new Obama stimulus plan will be a disappointment.

The Fed's grand experiment will fail.


GM or Chrysler will declare bankruptcy as neither meet their targets. - Thank the UAW when it happens.


F makes it.


Russia will default. - Oil needs to at least double for them to remain.

Asian economies will cliff dive.


Treasury yields will stay incredibly low as the Treasury bubble continues until late 2009.


As the treasury bubble bursts TBT will soar.