09 January, 2015


I should have begun the year by giving you my forecasts but to be honest they're more often wrong than right.

OK, here we go.

In the Greek election this month the left-wing anti-euro Syriza party will be the largest, but they won't have enough of a majority to do what they want. As a result a fudge will be organised to keep Greece in the euro. which is the last thing the people of that benighted country need.

After the British elections in May David Cameron will be Prime Minister but only after the sort of undemocratic stitch-up he used last time. UKIP, it pains me to say, will not do as well as people think.

The oil price will firm up a bit after the end of the summer.

There will be the usual amount of hunger, disease and war. There will be more Islamic terrorist outrages and Europe will increasingly see an anti-Islamic backlash, which, it will quickly be realised, is not a healthy development.

Out on a limb here: Italy will choose a woman president and the Labour Party a woman leader.

The euro will continue to look unsustainable but will not actually collapse. 

In America the Republicans will continue to fail to find a credible candidate to oppose Hillary Clinton.

The FTSE 100 and the S & P in America will reach new highs; the European bourses will not.

People will get fed up having to carry enormous smart 'phones around with them.

No comments: