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Saxobank’s 10 Outrageous Predictions For 2015 — A Reckoning’s Coming
Wednesday, December 10, 2014 9:38
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from ZeroHedge:
Standing on the doorstep to 2015, we are experiencing near perfect conditions for momentum and equity investment. Inflation has fallen to its lowest since the 1980s, interest rates have followed, and energy is relatively stable.
Corrected for inflation, oil at $65/barrel today equals $20-40/b in the 1970s.
Low volatility has given investors a false sense of security that could lead to the biggest upset in 2015. Central bankers meanwhile have become the generals in an economic war in which the final tool in the box – competitive currency devaluations – merely exports problems overseas.
