Scott Bleier of CreateCaptial.com doesn't think the world is going to end next December 21st. But if he's right with the rest of his outlook for 2012, there will be plenty of investors wishing the Mayans were right.
Without further ado or warning, here's what Bleier sees for the new year:
1. "In early 2012 we get a bona fide bank run on some European bank," he says.
Broadly speaking, the implications of such a run would be a collapse of the Euro (even more so) and a spiking dollar. Such a plunge would shock those still relying on global central banks to print our way out of trouble and presumably lead to a daisy-chain of horrors throughout the global financial system.
On the upside, it would be good for the dollar. The trade, as Bleier sees it, is bailing out of gold and essentially any other commodities related assets.
2. The election year stock market will mirror that of 2008
Bleier says the level of gridlock in DC is so bad that Wall Street cannot look upon it favorably. The uncertainty and unease will eventually result in a sell-off to rival 2008 when stocks fell 34%.Read More »from 3 Bold Market Calls for 2012