A diary of the thought process behind my investment decisions
2011 Predictions...IMOI think we see more slow growth in employment. Maybe 7.9% by years end.I see the fed raising rates third quarter 2011.I think the current move in the market continues and tries to reach 1300 in Jan. then a pullback.I think it can hit 1420 some point next year but close out 2011 around 1350.I see bigger returns in 2012 with unemployment around 6.5% But interest rates rocket up in 2012.What do you see?
those are very optimistic expectations. the fed will not raise rates for a decade.unemployment will stay 10% for years, with real unemployment expanding to 30%. interestingly, after a january correction, s&p's will be higher next year.
I don't believe this ends well but am unsure as to how it plays out. Hopefully, if I deal properly with the day to day opportunities the long term will take care of itself.
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