Tuesday, January 19, 2021

Saxo Bank 2021 Outrageous Predictions: Digital Currency; Death of Cities; Blockchain & Fake News

Although Saxo's annual exercise was making the rounds in December I didn't take a look until this morning. Here are some deeper dives into a few of their prognostications:

4. China’s new digital currency inspires tectonic shift in capital flows

Trade: Short the US dollar and overweight Chinese government bonds and equities versus the rest of the world.


3.  Blockchain tech kills fake news

Trade: Buy Verizon, IBM, and social media companies.


2. Germany bails out France

Trade: probably safer to buy the French banks after the bailout than selling them before, but both might be possible.


And the rest of the outrageous predictions

HT that I should get around to reading them: Absolute Return Partners who will be coming right up