10 Outrageous 2020 Predictions

Written by Swiss America

tarot 4579146 64010 Outrageous Predictions 2020 -Saxo Bank
"Continuing almost two decades of tradition, our experts have made 10 Outrageous Predictions for the year ahead. Their consensus-smashing forecasts would send shockwaves through the markets, if they come to pass. So will they prove pure fantasy or visions of reality?

1. Chips go cold in AI winter - Diminishing returns on chip applications sees the SOX Index of semiconductor stocks collapse 50%. 2. Stagflation rewards value over growth - The iShares MSCCI World Value Factor ETF outperforms the FANGs by 25%. 3. ECB folds and hikes rates - European banks make a comeback as the EuroStoxx bank index rises 30%. 4. In energy, green is not the new black - The green revolution gets a reality-check as dirty energy starts to pay once again. 5. South Africa gets electrocuted by ESKOM debt - USDZAR rises from 15 to 20 as world cuts credit lines to the rainbow nation. 6. Trump announces America First Tax - A 25% tax on all foreign-derived revenue scrambles supply lines and pushes inflation higher. 7. Sweden breaks bad - Sweden’s pragmatic attitude shift leads to a massive increase in fiscal spending that drives up the SEK. 8. Dems win clean sweep in 2020 election - Democrats take control of the presidency and both houses of congress. Big healthcare and pharma stocks collapse 50%. 9. Hungary leaves the EU - HUF collapses to EURHUF 375 as Hungary’s leadership and the EU fight over the country’s place in the Union. 10. Asia launches digital reserve currency - An Asian, AIIB-backed, digital reserve currency tanks the US dollar by 30% versus gold. Gold prices rise above $2,000/oz."