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Saxobank's Chief Economist: 2015 Is A Lost Year (and Here's Why)
Even though the US has seen so-called 'strong' job numbers and Europe is forecast to grow 1.5% this year, Saxo Bank’s Chief Economist Steen Jakobsen says 2015 will be a lost year. That’s because the two supposed growth engines of the world - the US economy and emerging markets - will grind to a halt and slow Europe down in the process. As we already pointed out, for the first time since Lehman, US earnings are now expected to drop in 2015 - apparently confirming this second-half hockey-stick is now dead... and as Jakobsen explains in this brief clip, capital preservation remains a must going into the second quarter of the year... with 10Y Treasury yields expected below 1.5% by the end of the year.
Via SaxoTV...
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The Banksters lost 2015 in a boating accident on their Corporate lake.......
2015 to 2025 will be a lost decade, as the American Imperium follows its Soviet predecessor into the dustbin of history.
No worries. It's a big lake......
I should add that is will be a found decade for the few who know what's coming and prepare accordingly. For starters:
http://readynutrition.com/resources/52-weeks-to-preparedness-an-introduc...
"The U.S. which is slowing down" apparently Steen doesnt watch CNBC
more like a lost fucking century if we continue down this banker devised path
So 2015 will be the 7th consecutive lost year in a row then.
I like it. A "lost" year. A hiatus in the recovery. A week period of growth. The recovery is taking a short pause just before it steams forward into the dawning of a New Golden Age.
Never admit the system is broken and 2015 is when the poop hits the propeller.
FED will surprise in 18 March meeting by raising interest
Perhaps 2015 is the year 'it' happens. What is it? The thing we've all been waiting for.
So far, this has been a lost century since the 911 false flag.
Waiting for the reset reboot.
Riding this bitch out till the end credits. Been great weather here, so enjoying nature and the beauty of the world.
Let's all recall that Steen called for the Euro to trade at 1.40... #Timestamp
He is wrong most of the time.