Saxo Bank’s Outrageous Predictions 2008

Quote from Pekelo:

Saxo Bank’s Outrageous Predictions 2008
If you’ve read Saxo Bank’s yearly Outlooks over the last few years, you’ll know we don’t hold back in our
annual attempt to predict the black swan sightings in global markets for the year ahead.

none of these is bold or unreasonable enough to be called a black swan. a black swan prediction might be some homeless guy in miami who used to sell furniture ends up president in 2008.

sp500 drops 25%? come on, that's hardly a black swan. everyone knows the economy is weakening, is it that unreasonable to expect a 25% drop? jeez, so much for "outrageous predictions".
 
Back
Top