Agnostics aside, over the years it has been fun to see the range of what people think the various assets will perform in the upcoming year.
What %change do you foresee for each of the various PP assets (stocks, bonds, gold, cash) as well as the overall PP?
Carnac The Magnificence's 2019 Predictions
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Re: Carnac The Magnificence's 2019 Predictions
SP500 from -25% to +10%
Gold 1150-1350
Gold 1150-1350
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Re: Carnac The Magnificence's 2019 Predictions
We are due for a recession.
Divided government should be good.
Inflation has mostly eluded the Fed's efforts to generate it, and now they are raising rates.
In sum, I have no idea!
To place a chip on the wheel, I'll say the PP earns 6% in 2019. But with more downside risk than upside potential.
Divided government should be good.
Inflation has mostly eluded the Fed's efforts to generate it, and now they are raising rates.
In sum, I have no idea!
To place a chip on the wheel, I'll say the PP earns 6% in 2019. But with more downside risk than upside potential.
Re: Carnac The Magnificence's 2019 Predictions
I’m taking the most left field and out there prediction.
I say the PP returns 900% next year as the U.S. dollar collapses and gold skyrockets.
I will bet you a snickers bar.
I say the PP returns 900% next year as the U.S. dollar collapses and gold skyrockets.
I will bet you a snickers bar.
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