10 Outrageous Predictions for 2012
16 Dec 2011 11:38 Africa/Lagos Saxo Bank Releases 10 Outrageous Predictions for 2012 LONDON, December 16, 2011/PRNewswire/ -- Saxo Bank has today released its annual Outrageous Predictions. Among the unlikely events predicted by the Bank are that Australia will go into recession, Basel III and regulation will force 50 bank nationalisations in Europe and Apple shares will plummet 50 percent from their 2011 high. In its Outrageous Predictions, Saxo Bank focuses on events that are unlikely to happen, but at the same time are far more likely than the market appreciates. The predictions are not meant as forecasts, but it is important for investors to consider events with under-recognised probabilities. Should any of them come to pass, they would have a significant impact on the markets. Saxo Bank's Outrageous Predictions for 2012: 1. The stock of Apple Inc plummets 50 per cent from 2011 high Going into 2012 Apple will find itself faced with multiple competitors such as Google, Amazon,...