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?

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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.

  • South Africa gets electrocuted by ESKOM debt

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

  • 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.

  • Asia launches digital reserve currency

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

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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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