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Ten economic predictions for 2011

30ashopper avatar
SoWal Insider
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Calculated Risk: Question #1 for 2011: House Prices

I hate predictions, mostly because the people who make them often blend them with their personal biases, and as such get them wrong. The above predictions however come from Calculated Risk, which nailed 2010 pretty spot on - "slow, choppy growth, no double dip, no 'V' shaped recovery".

The ten areas he looks at are linked at the bottom of the first (#1 House Prices) which I've posted above.

Personally I think FED action for the year will have a signifigant impact on stock prices, as it has over the last two years. The 600 billion QE2 is due to run out in June, and I doubt they'll extend it.

Anyone care to make any prognostications? Here's your chance to prove your worth as a soothsayer.

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