UBS has recently published a Calender Year End Note---TEN SURPRICES FOR 2009
1) Corporate default rates don’t rise significantly
2) Oil prices fall below $20 perbarrel ..WE SAID 3 MONTHS BACK TGT GIVEN crude 25$ check our old mesages
3) The dollar falls to new lifetime lows ..few days back we sent sms to all our $ tgt given 30
4) Breakeven inflation rates remainnear zero
5) Global growth is negative for 2009 ...we said earlier
6) The Fed purchases corporatecredit
7) Emerging markets regain parity valuations
8) Equity ‘fallen angels’ soar
9) Obama pushes for a ‘tax holiday’
10) Gold goes to $300. check our blog few dasy we said 550 $