12 Predictions for 2012

Here is what other market sage are saying
* Byran Wien
* Doug Kass


12 Predictions for 2012
1) Barack Obama will beat Mitt Romney with or without the entry of Ron Paul as a 3rd Party candidate.
2) Republican will take the Senate while the House falls to Democrats.
3) European crisis will persist through year-end but will not spill into the US because European policymakers will react to contain the problem whenever it arises. Greece/Italy stay in the Euro.
4) Iran vs the world drama continues and that'll add volatility to the oil market but there will be no attack against Iran.
5) China's 2012 GDP growth will surprise to the downside i.e. below 8%.
6) US 2012 GDP growth will surprise to the upside - current consensus is ~2.1%.
7) By December, US non-farm payroll growth will reach 250K and the unemployment rate will fall below 7.5%.
8) The Fed will not shrink its balance sheet.
9) Yield on 10-year will end the year above 3%.
10) S&P500 will finish the year above 1,400 i.e. +11%.
11) Financials will be the best performers followed by tech and consumer discretionary.
12) No, the world will not end on 12-12-12.