Coming up on @realmoney
My 15 Surprises for 2021
* In 2020 (despite broad February-March weakness) equities rose faster, valuations expanded far greater and interest rates fell sharper than the consensus expected
* 2021 could be a year in which the S&P Index shows little
movement in the first half of the year - but market pressures might mount over the last six months of 2021
* The S&P could end the year at levels -15% below 2020 year-end prices and far below that of the consensus (+8%) under the weight of higher inflation and interest rates in
the second half of the year
* With the "bond vigilantes" coming out of a multi-decade hibernation, 2021 might bring on a compression in price earnings ratios following the reset higher in multiples over the last nine months of 2020
* Next year might mark the return of political
normalcy and a marked recovery in the cooperation and coordination between the Democratic and Republican parties
* After leaving office, former President Trump may abruptly lose his relevance and he could end the year with numerous legal and financial challenges he is unable to
recover from
* Tech as in wreck - as the pivot from growth to value (banks et al) accelerates? FAANG becomes GATFAT
* Tesla's shares could drop by two thirds this year
* Goldman Sachs may go private
* The price of bitcoin and of precious metals could move much higher - but
silver might lead the pack!
* Read on for more surprises ... @jimcramer @tomkeene @business @realDonaldTrump @RiskReversal @ScottWapnerCNBC @SquawkCNBC @CNBCFastMoney @MelissaLeeCNBC @Sarge986 @LizClaman @threadreaderapp unroll
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