Outrageous Predictions
Executive Summary: Outrageous Predictions 2026
Saxo Group
Read Saxo's Outrageous Predictions for 2026, our latest batch of low probability, but high impact ev...
Access both platforms from your single Saxo account.
Wall Street walloped
Michael O’Neill
FX Trader, Loonieviews.net
Summary: President Trump tweeted yesterday that “We will be taking in Tens of Billion of Dollars in Tariffs from China.” Wall Street investors are praying some of those tariff dollars are earmarked for them
The Dow Jones Industrial Average was down 374 points to start the week after news of China’s retaliation to Trump’s tariff bump. The S&P 500 and Nasdaq followed the Dow lower, and all three indices were down more than 2.2% as of 1400 GMT.
President Trump tweeted up a storm again this morning. He said “Many Tariffed companies will be leaving China for Vietnam and other such countries in Asia. That’s why China wants to make a deal so badly!... ..There will be nobody left in China to do business with. Very bad for China, very good for USA! But China has taken so advantage of the U.S. for so many years, that they are way ahead (Our Presidents did not do the job). Therefore, China should not retaliate-will only get worse!”
China didn’t get the message. They hiked tariffs on $60.0 billion of US imports but showed a modicum of restraint by delaying the implementation until June 1.
The European Union may have caught a break. Many believe that Trump’s plan to slap 25% tariffs on car imports from the EU may get kicked down the road in light of the escalation in US/China trade tensions.
FX markets reacted by selling the commodity bloc currencies, buying EUR, JPY, and CHF while ignoring GBP. USDCAD has mildly outperformed its Antipodean counterparts due to the lingering impact of Friday’s record employment report and the surge in crude oil prices. WTI extended overnight gains, rising from the New York open of $62.59/barrel to $63.30, before retreating.
President Trump tweeted up a storm again this morning. He said “Many Tariffed companies will be leaving China for Vietnam and other such countries in Asia. That’s why China wants to make a deal so badly!... ..There will be nobody left in China to do business with. Very bad for China, very good for USA! But China has taken so advantage of the U.S. for so many years, that they are way ahead (Our Presidents did not do the job). Therefore, China should not retaliate-will only get worse!”
China didn’t get the message. They hiked tariffs on $60.0 billion of US imports but showed a modicum of restraint by delaying the implementation until June 1.
The European Union may have caught a break. Many believe that Trump’s plan to slap 25% tariffs on car imports from the EU may get kicked down the road in light of the escalation in US/China trade tensions.
FX markets reacted by selling the commodity bloc currencies, buying EUR, JPY, and CHF while ignoring GBP. USDCAD has mildly outperformed its Antipodean counterparts due to the lingering impact of Friday’s record employment report and the surge in crude oil prices. WTI extended overnight gains, rising from the New York open of $62.59/barrel to $63.30, before retreating.
Latest Market Insights
Outrageous Predictions 2026
-
-
Outrageous Predictions
A Fortune 500 company names an AI model as CEO
Charu Chanana
Chief Investment Strategist
Can AI be trusted to take over in the boardroom? With the right algorithms and balanced human oversi... -
Outrageous Predictions
Dollar dominance challenged by Beijing’s golden yuan
Charu Chanana
Chief Investment Strategist
Beijing does an end-run around the US dollar, setting up a framework for settling trade in a neutral... -
Outrageous Predictions
Obesity drugs for everyone – even for pets
Jacob Falkencrone
Global Head of Investment Strategy
The availability of GLP-1 drugs in pill form makes them ubiquitous, shrinking waistlines, even for p... -
Outrageous Predictions
Dumb AI triggers trillion-dollar clean-up
Jacob Falkencrone
Global Head of Investment Strategy
Agentic AI systems are deployed across all sectors, and after a solid start, mistakes trigger a tril... -
Outrageous Predictions
Quantum leap Q-Day arrives early, crashing crypto and destabilizing world finance
Neil Wilson
Investor Content Strategist
A quantum computer cracks today’s digital security, bringing enough chaos with it that Bitcoin crash... -
Outrageous Predictions
SpaceX announces an IPO, supercharging extraterrestrial markets
John J. Hardy
Global Head of Macro Strategy
Financial markets go into orbit, to the moon and beyond as SpaceX expands rocket launches by orders-... -
Outrageous Predictions
Britain’s Great EU Backdoor Return
Neil Wilson
Investor Content Strategist
Faced with rolling fiscal, economic, trade and political crises the UK government sneaks back into t... -
Outrageous Predictions
Taylor Swift-Kelce wedding spikes global growth
John J. Hardy
Global Head of Macro Strategy
Next year’s most anticipated wedding inspires Gen Z to drop the doomscrolling and dial up the real w... -
Outrageous Predictions
Despite concerns, U.S. 2026 mid-term elections proceed smoothly
John J. Hardy
Global Head of Macro Strategy
In spite of outstanding threats to the American democratic process, the US midterms come and go cord...