Outrageous Predictions 2020

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?


Chips go cold in AI winter

Chips go cold in AI winter

Diminishing returns on chip applications sees the SOX Index of semiconductor stocks collapse 50%.

Learn more

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.

  • OP_2020_710x400_web_article_Global_stagflation
    Stagflation rewards value over growth 

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

  • OP_2020_710x400_web_article_Global_ECB
    ECB folds and hikes rates

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

  • OP_2020_710x400_web_article_Global_energy
    In energy, green is not the new black

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

  • OP_2020_710x400_web_article_Global_ZA
    South Africa gets electrocuted by ESKOM debt

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

  • OP_2020_710x400_web_article_Global_trump
    Trump announces America First Tax 

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

  • OP_2020_710x400_web_article_Global_sweden
    Sweden breaks bad 

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

  • OP_2020_710x400_web_article_Global_vote
    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%.

  • OP_2020_710x400_web_article_Global_HU
    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.

  • OP_2020_710x400_web_article_local_APAC
    Asia launches digital reserve currency

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

    Read Outrageous Predictions 2020 now

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    meet the experts

    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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