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Time To Fade Byron Wien Again: Here Are Brontosaurus Rex' Predictions For 2012
The abysmal hit rate of Byron Wien's predictions over the past several years (ostensibly since the inception of this silly practice nearly three decades ago) has been the source of much laughter on the pages of Zero Hedge: see here and here. It has also been the source of much profit, due to the Blackstone Vice Chairman's uncanny ability to bat just over 0.000 with laser-guided precision and consistency. Below, as reported by Bloomberg, are the latest set of forecasts which are to be faded with impunity as soon as is possible.
- S&P to rise over 1,400 in 2012
- Oil Prices at $85/barrell in 2012
- US Becomes less dependent on Middle East supply in 2012
- Real growth to exceed 3%, unemployment will be below 8%
- Democrats take House in 2012, lose Senate
- Obama to run versus Romney in 2012
- Greece will have major debt restructuring in 2012
- The Computer will be the "principal weapon of terrorists" in 2012
- Temporary bank closures on hacking in 2012
- Italy to have "voluntary" restructuring in 2012
- US defense, medicare to be cut significantly in 2012
- Spain/Ireland will strengthen finances in 2012
- Scandinavian/Australian currencies will benefit in 2012
- China, Brazil, India indexes will appreciate 15-20%
- Gold may rebound to $1,800 during the year
- The yield on the 10 Year may rise to 4% in 2012
In other words, the usual set of permabullish drivel, mixed in with one or two realistic scenarios. Par for the course for the man whose words have become a joke to everyone but himself.
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Contrarian indicator, bitchez!
Dinosaurs bitchez!
One of the most repulsive, repellent, and unctuous characters Wall Street has produced in recent memory.
Gold "may" rise ?
Yield "may" rise ?
The rest are all WILL !
...and if the 10-yr yield rises to 4%, you can bet that gold won't be $1,800/oz.
Nope. It will be higher.
Hmm, would it be too farfetched to add two more zeroes to that prediction? :>D
Remember, unlike the US Dollar, gold isn't backed by anything.
So much for Romney.
Somewhere an old age home is missing a resident...if the staff only knew enough to seek the missing bodies on CNBC.
Q: What do Barton Biggs and Byron Wien have in common?
A: Depends...
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'Scandinavian/Australian currencies will benefit in 2012'
Australia has currencie(s)? Poorly worded nonsense.
'The Computer will be the "principal weapon of terrorists" in 2012
Temporary bank closures on hacking in 2012'
Is that the machine used to view pornography? And thank goodness they'll be 'temporary' because the word 'closures' had me worried for sec.
No doubt...this guy is a complete tool...which is why he enjoys the constant attention of the BlowHorn [CNBC].
Aaaaahhhh. The sounds of silence in Cdad's bunker.
So what do we glean from all of this?...
OK... The best I could make out of it is that when the BANK HOLIDAYS are declared, it'll be blamed on computer HACKERS...
From the American who brought you the 8 Rules of U.S. Government Spending now comes....
THE EIGHT RULES OF THE NEW WORLD ECONOMY
1. The Status Quo must be maintained.
2. The Status Quo MUST BE MAINTAINED.
3. If a country stops printing, doesn't borrow, or decreses spending the fight is over.
4. Only two wars at a time please.
5. ANY "Official Data" can be manipulated.
6. NO Public Privacy, NO problem.
7. Governments can spend as much as they want to.
8. If your economy is stalling, you have to print money.
hey you took my avatar....
Predications of a dangling participle?
I put the under/over on the number that happen at 3.
"unemployment will be below 8%"
So it's gonna go down from the current 24% to 8% in no time flat? :-)
Yes, because real GDP is going to go up 3% from it's current minus 2.5%.
A conscript levy / draft for World War III can do that amazingly enough.
FAIL
France downgraded
Spain downgraded
Italy downgraded
Dont wait till 5th january
Please do not give that asshole the benefit of a forum on this site. Discretion please.
You stole my image! This is WAR!
technically I had it first...what are the odds
If you move any Aircraft Carriers near my Praire Dog town I will bury you!
War just for a stolen image? lol imaging if one country attacks with currencies and CDS another one?...Nuclear Blast attack¡
France tic tac....
Would love to see this guy trying to defend his predictions on a 1 on 1 debate w/ Kyle Bass..
the debate of the flounder versus the bass?
Still alive? I figured Byron Weenie was long ago tits up
But his Magic 8-BallTM is still broken....
A 10 year yield at 4% blows up all the ponzis. He could have stopped right there.
You got that right, Rainman. In 1999 the Japanese 10 year was yielding 1%. Fast forward 13 years and it's still trading at 1%. That's the beauty and the curse of a country being a true fiat currency issuer; you can create any amount of money at any time by clicking a few keys. Of course money creation isn't capital creation, but that's not as important to Bennie and Timmay as putting off the inevitable for a few more days, weeks, months or years.
It will be a great depression play.
4 percent 10 year yield one day. Back down the next. LULZ.
I thought Byron Wein had an annual "Surprises for the year`" list...where they weren't so much predictions as they were low probability events that would surprise people if they happened? No?
Cos, yeah...if they were bone fide predictions, then his track record stinks!
These are great predictions! Just need help from a qualified editor:
Glad I could help.
Italian and Spanish Football teams are all in default
Including Real Madrid and Barcelona
Players salaries the most freaking bubble in whole history...
SPORTS are overvalued.
Thanks for getting the redactive free version. It makes more sense now.
The only thing I would add that precedes everything is "and then a miracle happens, after which...."
How TF do you get:
"The yield on the 10 Year may rise to 4% in 2012"
AND
"Real growth to exceed 3%, unemployment will be below 8%"
LMAO
So what do you think will happen to unemployment when real war starts in 2012?
Blasted unicorns! They keep poopin' skittles all over my yard, too! :>D
Obviously BW knows you only get on Sqwauk Talk and Kudlow if you are Bullish/positive... not if your right. Clearly BW's ego/vanity more important than the truth
Wow- bold calls on Greek and Italian debt.... DUH
Greece will never payback any principal or interests in Euro, will be in drachmas.
Italy is going to be toasted with 10yrs bond over 9%
f you support Ron Paul, PLEASE go to drudgereport.com and vote in their IN HOUSE poll. It's right at the top and DOES NOT link you or spam you. I just voted and after it just shows the results.
RON PAUL 2012
his predictions make no sense.....oil goes to 85 but the emerging mkt economies of china, india and brazil boom....these are ridiculous. oil at 85 and brics booming are opposite trades...he's trying to game his predictions so that some come true....typical WS hack bankster...wants their cake and to eat it too.
Yes - If China bans any broadcasting regarding its domino-like bursting housing project bubbles, province by province.
Gotta keep that growth machine alive, cause if that goes out our only hope will be Krugman's aliens.
Could someone post his predictions from last year.....inquiring minds need to know....
from CreditWritedowns.com:
http://www.creditwritedowns.com/2011/01/byron-wiens-ten-surprises-for-2011.html
...bank hacking by who again? Sounds more like a Cadillac Jack. http://www.youtube.com/watch?v=uBOsjEpskvw&feature=related Wait a mynuts, oh! ...I get it. Blackstone calling the Kettle err (is it bucket) black?
...hmm Kettle sounds kinda like ''kedels'', an anceint unit of measure used in Mesopotamia. 666 to 686 kedels was represented in the counter weight, held by the retenue(?)/ tax collector. Must be a connection somewhere in there ...to something like ...uh corruption.
Prediction: The script aproval reading media whore's will continue to not use the word ''corruption'' in 2012.
I thought it was Byron-osaurus.