Outrageous predictions for 2018

Via Saxo comes the Outrageous predictions for 2018:

1. Fed loses independence as US Treasury takes charge Treasury enacts 2.5% yield cap after massive spike
2. Bank of Japan loses control of its monetary policy USDJPY rises to 150 and then collapses to 100
3. China issues CNY-denominated oil futures contract Petro-renminbi surges, USDCNY below 6.0
4. Volatility spikes on sudden S&P 500 ‘flash crash’ S&P 500 drops 25% in spectacular plunge
5. US voters push left in 2018 mid-terms, bonds spike US 30-year Treasury yields rip beyond 5%
6. ‘Austro-Hungarians’ launch hostile EU takeover EURUSD to 1.00 after hitting new highs
7. Investors flee Bitcoin as governments strike back Bitcoin @ $1,000
8. South Africa resurgent after ‘African Spring’ ZAR gains 30% versus EM currencies
9. Tencent topples Apple as market cap king Tencent shares gain 100%
10. Women take the reins of corporate power Female CEOs at more than 60 Fortune 500 companies

My responses:

1. Nope.
2. Nope.
3. Nope.
4. Possible.
5. Nope.
6. Doubtful.
7. Probable.
8. Whatever.
9. Meh.
10. Bring it on.

Here’s 30 more to worry about from Deustche:

Here’s five outrageous predictions of my own:

• Iron ore hits $30 in H2.
• RBA cuts rates twice in H2.
• Aussie dollar hits 60 cents as yield spread to US breaches 100bps.
• Australian property rebounds (briefly).
• Malcolm Turnbull polls turns sharply as Labor’s China links sink Bill Shorten.