Ruminations on the electronics industry from David Manners, Senior Components Editor on Electronics Weekly.
Ten Black Swans For 2010
Thanks to Saxo Bank for this one – its ten ‘Black Swan’ events for 2010.
US trade balance will turn positive for the first time in 34 years
The US Social Security Trust Fund will go bust
Gold will fall to $870 in 2010 but rise to $1500 in 2014
TSE Small Index will rise by 50%
Bund yields will fall to 2.25%
The renminbi will be devalued by 5% versus the US dollar
US dollar to reach 110 yen
The price of sugar will fall by a third
The Vix will fall to 14
The angry American public will form a third party in the USTags: black swans, bust, gold, social security, social security trust