Wednesday 9 January 2019

some heroic forecasts

Okay it is the New year and perhaps it is time for some heroic forecasts or guesses.

Politics
I see a minority Liberal/National government in NSW. Back down Berejiklian has gained a reputation and some infrastructures problems will outweigh the any successful solutions they have produced. More so when they are big.

Unless the voting public are complete hypocrites the ALP should romp home federally. As the saying goes disunity is death and the Libs and Nats have it in spades

Economy
I am going for a softer economy so GDP  It won't go over 3%/ Reasons? housing will be a negative, savings have been depleted so consumption should slow. Maybe China slows so commodity prides soften.  I can't see wages rising much so inflation won't either

US
Trump will get worse. I am in complete agreement with Calculated Risk. Trump is a thin skinned narcissistic ignoramus. With no adults to assist him the chickens will come to roost. The US economy will slow over the best two years and a trade war will erupt. The Mueller report and its repercussions will merely exacerbate this. I don't see an impeachment as Democrats want Trump to contest the 2020 Presidential election.

UK
Therese May survives in Parliament and is vindicated when the no-deal Brexit provides all the problems people said it would

China
The economy slows as trade tensions with the US erupt.

Ashes
We easily lose the Ashes series and Smith scores the only Aussie ton. Jimmy anderson takes over 30 wickets on bowler friendly wickets

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