01 January, 2008

My forecasts for 2008

Forecasts:

1. Oil price in decline to below $75.
Dollar falls a further 10% against € past 1.60
£ interest rates fall to 4.5%
FTSE has a bad year but a late burst ends at 7250

2. European growth rate slows, calls for protectionism and political control of Central Bank

3. A major bank and a US car company will fail but be taken over

4. Gordon Brown, Harriet Harman, Rupert Murdoch, Hugo Chavez do not resign

5. Giuliani beats Hillary in tight vote

6. UK Parties at year end Lab 37 Cons 40 LibDem 20

7. UK House prices fall 5% over the year

8. Boris wins but turns out to be just as crap as Red Ken

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