predictions

Pack your bags, Timbo. It’s been real. In other good-for-Vickles news, analyst are predicting that Citi will post profits of of a whole nickel per share tomorrow, in which case you can probably expect something like this to go down in the C-suite in about 18 hours. Continue reading »


Just an FYI, a certain someone is available to take over, should anyone be wanting to get a short list of candidates together.

Some serious crystal balls on this one.

If he had, I don’t think he would’ve made the following prediction, or the even insanely ballsier one that some GS employees will leave the firm to start hedge funds.

“This is a prediction that is going to come back and haunt me, but I think that Goldman Sachs is doomed. I don’t think that in its current form it can survive. We could be looking at four to five years, but the proprietary activities will split off, those people will end up in their own hedge fund – that is if new regulation doesn’t forbid it anyway.” The PR problems, Lewis thinks, will just be insurmountable. “Their relationships with customers on every front are poisoned, and they can’t function as an investment consultant if they have this problem of honesty.”

The Scrooge of Wall Street who says we should blame Americans [CityAM via BI]

nourielroubinirussellsimons.jpgOur favorite gloom-and-doomer, Nouriel Roubini, found some time between partying in St. Barth’s and pumping iron to let the world know that by the second half of the year, things might get really ugly.

“If I’m correct, by the second half of the year there’s going to be a slowdown of growth in the US, Europe and Japan. That could be the beginning of a market correction because the macroeconomic news is going to surprise on the downside.”

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  • 19 Jan 2010 at 12:53 PM

Jim Rogers: The End Is Nigh

jimrogers.jpgYou think you have it hard with the recession? Well think again- it might be just time to stock up on canned goods. Gloom-and-Doomer Jim Rogers told CNBC that the financial crisis might lead to food shortages in a few years as “the inventories are now at the lowest they’ve been in decades, not in years.”

So sayeth noted prognosticator John Carney.