Posted Friday, December 18, 2009 at 6:48 PM
There were my 2009 predictions:
1.) The United States will officially enter into its lost decade, just like Japan.
WIN.
2.) Come hell or high water, GM, Ford, and Chrysler will all remain in business, with substantial government backing.
WIN. They're all still in business. They went into Chapter 11, not 7.
3.) The DOW will make another dip down, below 8000, before June. It will not close above 10,000 at any point during the year.
Almost WIN. 8000 check. We've been closing just a hair over 10K this year.
4.) Gay marriage will be legal, in New Jersey, by legislative action.
Probably not. Damn the spineless to hell. BUT ... it became legal in all kinds of states I wasn't expecting - including Wash, DC.
5.) At some point, oil will touch $25/barrel. Gas will flirt with $1.00/gallon.
I wish.
6.) The dollar will crash.
FAIL. For some reason, the dollar is strengthening - for no reason. Interest rates are near 0 and the Fed can't print money fast enough. Clearly, lemmings are flocking to the dollar.
7.) People will die in a major airline accident.
"WIN?" AF 447. Don't fly on Airbus aircraft.
8.) Obama will not catch Osama, despite extra attention to Afghanistan.
WIN. What a fool Obama is.
9.) Select, inflated inner loop property values will plummet.
Not yet. But its coming.
10.) Interest in the Green Party will surge to historic levels.
WIN.