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IPFS News Link • Future Predictions

2021 Will Be A "Reality Check On Extend-And-Pretend" -

• Zero Hedge

Via Saxo Bank,

Saxo Bank has today released its 10 Outrageous Predictions for 2021. The predictions focus on a series of unlikely but underappreciated events which, if they were to occur, could send shockwaves across financial markets:

1. Amazon "buys" Cyprus

2. Germany bails out France

3. Blockchain tech kills fake news 

4. China's new digital currency inspires tectonic shift in capital flows

5. Revolutionary fusion design catapults humanity into energy abundance

6. Universal basic income decimates big cities 

7. Disruption dividend creates Citizens Technology Fund

8. A successful Covid-19 vaccine kills companies

9. Sun shines on silver, which sizzles on solar panel demand

10. Next-generation tech supercharges frontier and emerging markets

While these predictions do not constitute Saxo's official market forecasts for 2021, they represent a warning against the potential misallocation of risk among investors who might typically assign just a one percent chance of these events materialising.  It's an exercise in considering the full extent of what is possible, even if not necessarily probable, and particularly relevant in the context of this year's unexpected Covid-19 crisis. Inevitably the outcomes that prove the most disruptive (and therefore outrageous) are those that are a surprise to consensus.