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IPFS News Link • Economy - Economics USA

On Outrage, Tesla, & The "Hyper-Inflated" State Of Global Financial Assets

• Zero Hedge

The excellent Saxo "Outrageous Predictions", and Tesla Does It Again! 

Investment managers dread the approach of the Christmas holidays. They get deluged in a ton of turgid year-end outlooks which are unified in only one thing – their utter unreadability. I suspect many Bank year-end outlooks are written primarily to get past the desk of the compliance gauleiter overseeing them, to impress their bosses, and only then, maybe, to interest customers.

There is one exception, and much as hurts to congratulate a competitor in the "scribbler" market, the brilliant Steen Jakobsen of Saxo Bank's "outrageous" predictions for 2021 are about the best thing when it comes to Christmas outlooks.  They are so good, because they are so plausible… and therefore possible. They make you think – which is always a good thing.


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