Outrageous Predictions 2020

Continuing almost two decades of tradition, our experts have made 10 Outrageous Predictions for the year ahead. Their consensus-smashing forecasts would send shockwaves through the markets, if they come to pass. So will they prove pure fantasy or visions of reality?

Australia's nominal GDP doubles on MMT

Australia's nominal GDP doubles on MMT

The trade-weighted AUD rallies and AUDUSD roars back to 0.8000.

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Which prediction do you find most Outrageous?

Vote for your favourite and our experts will discuss the top three during their Market Call podcast on 20 December.

  • Stagflation rewards value over growth 

    The iShares MSCCI World Value Factor ETF outperforms the FANGs by 25%. 

  • ECB folds and hikes rates

    European banks make a comeback as the EuroStoxx bank index rises 30%.

  • In energy, green is not the new black

    The green revolution gets a reality-check as dirty energy starts to pay once again.

  • Asia launches digital reserve currency

    An Asian, AIIB-backed, digital reserve currency tanks the US dollar by 30% versus gold.

  • Trump announces America First Tax 

    A 25% tax on all foreign-derived revenue scrambles supply lines and pushes inflation higher.

  • Sweden breaks bad 

    Sweden’s pragmatic attitude shift leads to a massive increase in fiscal spending that drives up the SEK. 

  • Dems win clean sweep in 2020 election

    Democrats take control of the presidency and both houses of congress. Big healthcare and pharma stocks collapse 50%.

  • Hungary leaves the EU

    HUF collapses to EURHUF 375 as Hungary’s leadership and the EU fight over the country’s place in the Union.

  • South Africa gets electrocuted by ESKOM debt

    USDZAR rises from 15 to 20 as world cuts credit lines to the rainbow nation.

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    Meet the experts

    Find out more about the SaxoStrats, our in-house team of expert analysts offering macroeconomic insights and asset-specific news and commentary. 

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