Predictions for 2009

Finance

I just stumbled on another blog, Jeflin’s Investment Blog, who had an interesting post for predictions in 2009 called Coming To Grips With A Harsh Year In 2009.  

Read the article, below are high level predictions – 

  1. More Bank losses and failures
  2. Commercial properties hit badly
  3. Burst of the Treasury bubble
  4. Crude oil to reach $75
  5. Go Long on Gold

They all seem like reasonable predictions.  I’d have to agree with all of them personally.  Bank losses make sense, as consumers have run out of credit, and can no longer extend their financial obligations through their cards.  Crude oil hitting $75?  I think that is a bit conservative, I believe it will bounce back up around the $100 mark — but I do agree, it shouldn’t hit the crazy levels we had seen before in the next year.  

And of course gold — I mean, with everything that’s going on — it’s gotta be smart to stand on solid ground/gold.  

Anyway, check out the blog, Jeflin’s Investment Blog — his blog is full of insightful information.

Share: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • Reddit
  • Facebook
  • Google Bookmarks
  • Technorati
  • Slashdot
  • NewsVine
  • StumbleUpon
  • Faves
  • del.icio.us
  • Mixx
0 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 5 (0 votes, average: 0.00 out of 5, rated)
Loading ... Loading ...
No Comments

Related Posts

Leave a Reply

Allowed tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>