I know, I know, we didn’t die. The world is still here, semi-contained bloodbaths now called regional conflicts instead of ‘wars’ continue to spread, the internet is still working and I have not decided to retire (yet). Does this mean 2015 was a great year? Not for the 15% of the population still on food stamps, anyone who believes in the U. S. Constitution, or any way shape or form a fan of my Tampa Bay Lightning (we was robbed).
This must mean 2016 is going to be awesome, right? Nope, thus why I call 2016:
The Year of the Big Suck Once again these are random musing of events which could happen and if they don’t oh well, too bad, so sad. However if they do occur, remember you heard it hear first and I get to gloat like Obama taking another Constitutional right away.
THE ECONOMY 3 or more large regional U. S. banks will be forced to merge or acquired by one of the big 10 banks under the Fed’s mandate to maintain financial stability. The stock market as represented by the S&P 500 will correct 20-30% in the first half of 2016 only to rebound until the election when a period of instability will repeat similar to the election of 2008. IBM will split into 3 companies with Microsoft purchasing the one division in a bidding war with Google (now called Alphabet). The Federal Reserve will raise overnight rates to the 0.50% range in March and again in June. In August, Federal Reserve Chairwoman Janet Yellen will announce a new round of Quantitative Easing and an end to any further increases on the last day of the annual economic gathering in Jackson Hole, Wyoming.
This post was published at John Galt Fla on December 30, 2015.
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