Tuesday, January 13, 2015

Predictions for 2015: All in One

Political:

1. The GOP Congress will work with Obama to a lesser extant but there will be many battles between them on immigration and other issues. Obama will veto several bills and have a few of them overturned with some moderate Democrats on-board.

2. A Grand Bargain on Tax Reform will be passed with work from both parties.

3. The Obamacare exchange will be made illegal by the Supreme Court. The federal government will require all states to have a Healthcare exchange and lawsuits are generated by GOP controlled governors. It will not be resolved in 2015.

4. Obama will start to withdraw from politics and start to prepare for his time after office. He will play lots of golf and lead from behind and basically just ignore his job.


World:

1. ISIS will be severely damaged by the end of the year. They will be attacked from many fronts and start to show signs of defeat.

2. Islamic terror will start to ramp up as ISIS starts to feel the sting of airstrikes and Iraqi and Syrian resistance. They will take the fight out of the "Caliphate" and into the West. More attacks like Charlie Hebdo will be felt across Europe. The lone Islamic terrorist with a gun or bomb will be the new thing to fear in the Western world.

3. China's economy will start to show cracks. Growth will slow and they will do everything they can to keep things going.

4. Russia will start to quiet down as oil prices stay low. They will rattle the sabre less and cooperate more in the wider world.

5. Low oil prices will disrupt the governments of Venezuela and Nigeria. They will have massive disruptions by the end of the year.

Economic Predictions:

S&P 500: 2250
Dow: 18700
Nasdaq: 4700
Crude Oil: $71
Gold: $1226 and ounce
EUR/Dollar: 1.09
10 Yr Bond: 2.15%

Sports Predictions:
NFL: Seattle Seahawks
NBA: Golden State Warriors
MLB: St. Louis Cardinals
NHL: NY Islanders
Premier League: Manchester City
Bundesliga:Bayern Munich
NCAA Football (played in 2016:) TCU Horned Frogs
NCAA Basketball: Duke

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