Thread: What does 2007 look like?

I expect core inflation to decline gradually over 2007, and expect the Fed to initiate easing in the spring to help facilitate a soft landing. A flat reading by the PCE (personal consumption expenditures) index could increase confidence that the deceleration in inflation is real. The main reason for my upbeat assessment is the outlook for consumer spending, which continues to improve thanks to a competitive labor market that is pushing up wages. My arrogance tells me I'll do even better in 2007 - been building the base for enhanced performance rather than chasing percentages - I've been disciplined in my approach to accumulate shares - and the base is ready to climb to new peaks in 2007. Besides, everyone is a genius in a bull market.

Originally Posted by James48843

According to one Chinese guy- 2007 could be a year of a LOT of turmoil in the markets. It's the market's Feng Shui that is out of balance.

http://biz.yahoo.com/rb/061221/marke...shui.html?.v=1

He says don't buy metals, and be careful of mixing wood, oil, and fire.


Very good advice, if you ask me.

I love how masterfully constructed "predictions" like this and so many other prophetic endeavors can carefully word an entire news article, like polititians' speeches, to sound very profound but not actually say anything beyond the obvious, such that anything could happen and still corroberate their "predictions." Everyone knows you better have a solid plan if you're going to mix wood, oil, and fire. It sounds like a stick of dynamite.

How about:
"Lo expects a stock market boom in the first half of the year, ... creating an "illusion of optimism" before a steep drop.
(Duh, the market's soaring now and due for a correction. And of course seasonality backs up this "prediction" fairly consistently as well.)

"'The wood element will have a secret effect on the fire by adding prosperity.'"
(It's called diversification.)

"'You have to be very careful, the worst could be October...'"
(Shhh, let's keep this our own little SECRET. )

"On the political front, Lo expects strife in the Western world, but few flashpoints in Asia.
"'There will be turbulence, there will be fights, there will be explosions and clashes. It's also a year of evolution.'"
(Sounds like life. You mean we can expect MORE of the SAME this year!?)

"'Asia is comparatively stable, the bad energy is in the North next year, so therefore America and those (Western) countries will more easily have natural disasters and other problems.'"
(Didn't somebody else predict that THIS YEAR would be the WORSE HURRICANE SEASON EVER?)

"He also believes a "sick" energy might arise.
"'Something we have to be careful of is sickness and health problems. Epidemics could come. We have to worry about avian flu, that kind of thing.'"
(Nothing new here. I'm starting to get sick of these predictions at this point.)

Of course the author throws out a few specifics about "metal" and "fire" stocks (if there can be anything specific about "elementalizing" stocks. But he limits these to things that could go either way and be easily minimized next year if he's wrong. I can hear it now, "Well that's just one interpretation. Besides, Shell Oil isn't a "fire" stock because shells are organic or earthy or something totally not in tune with the cosmic energy. Besides, everything else I predicted came about just as I said it would..."

I apologize to any feng shui fans since I'm probably totally missing the concepts here, but I couldn't resist commenting on the article which seemed to me to say nothing of value.

Maybe it was meant as satire. I do that on occasion myself.

Originally Posted by qibovin

"Lo expects a stock market boom in the first half of the year, ... creating an "illusion of optimism" before a steep drop.

"'You have to be very careful, the worst could be October...'"

That link is dead but from what you guys excerpted from it, I'm still trying to figure out what he meant by steel, wood and fire. He was right about a runup turning into a nightmare but was wrong about precious metals. Coulda shoulda.... Even a broken watch is right twice a day.