My market predictions for 2011

Last year I was pretty confident in my predictions, this year my theme is pretty flat.

1. The US will hurt, a recovery probably won’t happen in 2009, certainly not in the first half of the year,
2. The UK will hurt as well.
3. Some oil rich countries will hurt.
4. I’m expecting a major plunge in the USD, though I’m still uncertain as to whether it will happen in 2009 or 2010.
5. Strength in EUR.
6. Weakness in GBP (relative to EUR).
7. Some strength in AUD.
8. Some small recoveries in Commodities.
9. Do I think we’ve seen the end of this financial meltdown? not a chance. More coverups and failures in 2009.
10. I’m expecting major problems in markets which have thus far managed to get away unscathed… Credit Card debt is an obvious though by no means the only one.
11. The IMF will be busy saving countries.
12. Caution will be a key theme of 2009.

I’m aware that they are pretty weak positions that I’m taking… a lot of fence sitting…. I think that will be most peoples position for most of 2009 hence no strong opinions.