Saturday, December 31, 2011
Predictions for 2012
S and P $1400
President Obama will be embarrassed by the OWS demonstrations at the convention, but he will be re-elected.
Congress The House will remain in Republican hands, the Senate in Democratic hands.
China There will be a Chinese spring with widespread protests and rioting.
Middle East will stabilize but no major changes except the Muslim Brotherhood will take power in Egypt.
Europe will offer travel bargains for Americans.
My predictions are probably overly optimistic. Happy New Year!