Apple buys Tesla and a solar flare wipes trillions from the economy: 10 outrageous predictions for 2019
- Saxo Bank annually publishes a list of outrageous predictions for the year ahead.
- This year’s forecast features recessions in two economic heavyweights, and the possibility of solar-related chaos.
- The predictions include a surprise potential buyer to take Tesla private.
Saxo Bank’s annual series of outrageous predictions is here with this year’s theme covering a world that is increasingly saying “enough is enough.”
The Danish firm has compiled 10 possibilities with a low chance of happening, but that challenge investors to think outside the box on risk within financial markets and the world more generally. While these predictions are not Saxo’s official expectations for the year ahead, they point out some of the risks that have been unallocated by the market so far.
“This year’s edition has a unifying theme of ‘enough is enough,’ said Steen Jakobsen, Chief Economist at Saxo Bank. “A world running on empty will have to wake up and start creating reforms, not because it wants to but because it has to.”
“The signs are everywhere,” he said. “2019 will mark a profound pivot away from this mentality as we are reaching the end of the road in piling on new debt and next year will see us all beginning to pay the piper for our errant ways.”
Source: Business Insider
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