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Ten predictions 2010 financial
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Author:  bcde673 [ Thu Aug 05, 2010 7:06 am ]
Post subject:  Ten predictions 2010 financial

I said it last year - and I'll say it again. There is only one activity more thankless than predicting the future - and that is publicly sharing your predictions。\
Judge for yourself. Click here and here to review my predictions from the past year。
Meanwhile, it's onto 2010:
AIG CEO Robert Benmosche will be voted CEO of the Year。

Benmosche's abrasive

morale-building exercise at AIG will take hold. The U.S. pay czar willgive Benmosche leeway on pay. And a continuing rebound in the marketswill give AIG a shot at repaying a good chunk of taxpayer money。

Morgan Stanley CEO James Gorman will do an about-face on the bank's 'lower risk' corporate strategy。

About now, new CEO Gorman is probably learning that the meager profitsof a retail brokerage can't pay for all those monster Wall Streetbonuses. Expect Gorman to decide that Morgan Stanley should be a lotmore like trader Goldman Sachs, after all。

Goldman Sachs will pay out big bonuses, be publicly vilified for a month and then go quietly back to printing profits
The U.S. Congress and the media will go berserk when Goldman announces the size of its 2009 bonus pool. But the outrage will be brief and of little lasting consequence. The 'hate Goldman Sachs' story has been running just too long。

The GM turnaround will drag on. Forget a 2010 IPO。

GM is addicted to hefty sales incentivesto move the cars and new CEO Ed Whitacre knows it. In 2010, he willslash incentives and end up abandoning GM's 20% U.S. market sharetarget to find profitability. The search will prove elusive。

Fiat will seek to renegotiate the terms of its investment in Chrysler。

With Chrysler's market share in a death spiral, Fiat will finally grasp

that this dud is exactly that - a dud. By autumn, Fiat will threaten towalk away from Chrysler unless the UAW and U.S. taxpayer offer up evenmore concessions。

Washington's twin-obsessions in election year 2010 will be to create jobs and cut the deficit. Little will be accomplished on either count。

Congress will authorize billions more in stimulus that won't be called 'stimulus'and won't actually create jobs. And Congress will convene a bi-partisandeficit cutting commission that won't do much either. Until investorsstop buying US Treasurys, why should Congress change its ways?
The story of the year will be the New York City trial of Khalid Sheik Mohammed。

The OJ Simpson trial proved that nothing gets the masses as excited as murder and celebrity.Throw in Flight 253 and the ambitions of dozens of terrorists, triallawyers, prosecutors, politicians and aggrieved 9-11 families and youhave a story that will run and run。

Finalpredictions: Weak economic growth will continue into 2010. By spring,the Obama White House will be forced to the political center and U.S.businesses will finally believe in a modest recovery。

Here is my best guess - and that's all it is - for how the U.S. economy and markets will look in 2010:

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Author:  vythe [ Sun Apr 18, 2021 10:33 pm ]
Post subject:  Re: Ten predictions 2010 financial

Econ

Author:  vythe [ Sun Apr 18, 2021 10:34 pm ]
Post subject:  Re: Ten predictions 2010 financial

83

Author:  vythe [ Sun Apr 18, 2021 10:35 pm ]
Post subject:  Re: Ten predictions 2010 financial

всег

Author:  vythe [ Sun Apr 18, 2021 10:37 pm ]
Post subject:  Re: Ten predictions 2010 financial

Repr

Author:  vythe [ Sun Apr 18, 2021 10:38 pm ]
Post subject:  Re: Ten predictions 2010 financial

варе

Author:  vythe [ Sun Apr 18, 2021 10:39 pm ]
Post subject:  Re: Ten predictions 2010 financial

That

Author:  vythe [ Sun Apr 18, 2021 10:40 pm ]
Post subject:  Re: Ten predictions 2010 financial

Goin

Author:  vythe [ Sun Apr 18, 2021 10:41 pm ]
Post subject:  Re: Ten predictions 2010 financial

Шаба

Author:  vythe [ Sun Apr 18, 2021 10:42 pm ]
Post subject:  Re: Ten predictions 2010 financial

чита

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