10 outrageous predictions for 2017
Singapore
THIS year, as Denmark's Saxo Bank said, is already one where reality is stranger than the most outrageous calls. In a yearly tradition, it nevertheless tries to come up with 10 far-out things that might shock the market next year.
As Saxo's chief investment officer Steen Jakobsen said: "The one idea you 'hate' the most has a tendency to come through. Let's face it - no one wanted to buy emerging-market Brazil last year."
Here's a summarised version.
1. China's GDP growth swells to 8%, SHCOMP to 5,000
"Through massive stimulus from fiscal and monetary polic…
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