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’Saxo’s outrageous predictions for 2011
It’s that time of year again.
Saxo Bank — inspired by the black swans of Nassim Taleb — have drawn up their 10 ‘outrageous predictions’ of the year. The idea is that these are unpredictable (eh?) events with potentially massive impact.
The Pru and the Great British Peseta
Nick Beecroft, Senior FX Consultant at Saxo Bank, comments on sterling’s collapse:
Monday morning we have witnessed what can justifiably called the beginnings of Sterling’s collapse. So long as the markets could harbour some hope that the next government,
Sugar-coated losses
Monday turned out to be quite a day for ICE raw sugar prices. According to Reuters, the soft commodity suffered its worst single-day loss in nearly two years on liquidation pressure from investors following a run-up to 29-year highs over the last year.
[Outlook 2010] Saxo’s outrageous predictions for 2010
Every year Saxo Bank comes out with a list of 10 outrageous predictions for the year ahead.
Previous predictions from the bank have included Ron Paul being elected US president, crude crashing to $25 per barrel and Chinese growth hitting zero.
“Dear clients of GFX… please accept this apology for the way this message is being conveyed”
So begins a very web 2.0 admission of involvement of what might prove to be very large financial fraud.
Terry Freeman, a 60 year-old foreign exchange trader, was arrested from his home in Essex by the City of London Police Economic Crime Department on Monday.
[Outlook 2009] 10 outrageous claims from Saxobank
Saxobank has always delivered on the outrageous predictions front. Last year, for example, they predicted Ron Paul would win the US presidential elections.
Unsurprisingly, this year they do not fail to deliver.
Obama’s lost decade, or how not to raise the profile of a small investment bank
You can’t blame analysts for courting controversy by making a contrarian call or publishing a provocative piece of research.
Daring to be unfashionably bearish catapulted Meredith Whitney into the media stratosphere,
Prediction watch No3: currencies, etc
Continuing our (surprisingly popular) space-filling service on who’s predicting what for the year ahead, here are ten self-titled “Outrageous Predictions for 2007″ from currency specialists Saxo Bank Capital Markets.