We begin a new year and let me say a couple of things….thank you…..thank you….thank you…..for without my readers and followers I would be talking to myself…..here’s hoping we all have a great year, 2014……..
AS per my tradition I will make my 10 predictions of what I think will happen in the world and in this country….so far, in the last 5 years I am batting about .750…….Nostradamus can kiss my butt….and you do not need a Capt. Video de-coder ring to figure out what I am saying……
Last year’s predictions (2013) came off as expected……(drum roll)……results are……
1–unemployment will rise during the year–blew this one
2–Consumer Confidence hits new low–blew this one
3–GOP settles into same talking points–PLUS
4–Problems in Syria spills over into border countries–PLUS
5–Major country leader dies–Mandela and Chavez–PLUS
6–Immigration will be a hotly contested issue—-this was a push
7–Democrat wins Mass Senate seat of Kerry—-PLUS
8–Earth 2 will be found–PLUS…matter fact they say they found 2 Earth 2s
9–US GDP will shrink by about 0.5%–blew this one
10-Gun issue will be missed–PLUS
Now you know why I do not use my economic training as a profession…..all my misses were in the field of economics…..but I did get a score of 6 out of 10 or 60%……..a fair year but it could be better….
Now let’s see if I can be a better soothsayer for 2014…….
1–GDP will rise to 3%
2–Unemployment will NOT go below 6.5%
3–Fed policies will NOT change with new chairman
4–Syria will become more messy than now
5–US Congress will not change much…same gridlock
6–GOP wins seats in Senate and it will be 50/50 mix
7–2014 mid-terms will be a circus for GOP
8–Clinton will let her intentions be known for sure
9–Afghanistan will become more and more chaotic as we pull out
10-Iraq will descent into chaos once again, Maliki will be gone.
I like to throw a little lagniappe in once in a while……the markets are reaching new highs almost daily…they creating another bubble…..there will be a correction after June of 2014……
Happy New Year, my friends!