Some official gut based predictions. Because although I told a friend just a day or two ago that the markets were going to take a dive, I doubt anyone else believes me. It's really hard to say "i told you so" if you have no proof. Thus I am making some predictions. And if I'm wrong then I get to write about how surprised I was and what went wrong. My god, if everything I predict is wrong - I could get a job at CNN! If I can think of someone to blame, indicating that I wasn't wrong, but misinformed and possibly manipulated in some way, I could work for FOX!
Prediction #1: I think interest rates will rise (so that banks will be able a quicker return from lenders and will feel more confident about lending - fewer people can afford the higher interest rates and so only those who have stable incomes will be able to get loans).
Prediction #2: McCain will win the primarys and choose Romney as his running mate.
Prediction #3: Hillary will get the nom, but she will NOT pick Obama to be her running mate, or Edwards, but maybe Bill Richardson.
If you are currently wondering, "okay... interest rates went down a bit already" I would point out that happened TUESDAY, I posted WEDNESDAY and I predict they will not drop from here and will probably go up.
ReplyDeleteI could be wrong.
That is what is so fun about predictions.