As 2009 fades away, it’s time to step up to the plate and make my predictions for 2010. While my predictions for 2009 had a few misses, like the one that had the US dollar reaching parity with the Euro, some of my calls were actually spot on. My call on where the S&P 500 would close is within 1% of where it is!

Okay, enough backpatting, let’s get to the predictions:

1- Faced with unprecedented low popularity due to their reckless spending and softness on national defense, the Democrats lose control of congress, as a new Republican revolution sweeps the US.

2- The S&P 500 has another volatile year, but ends up registering a gain to close at 1291

3- The Planet continues to cool

4-After announcing that he will stay in school, University of Washington QB sensation Jake Locker has a great season and wins the Heisman Trophy.

5- A small scale sub-prime crisis hits Israeli real estate. As interest rates move up, and linked mortgages are reset, many recent buyers are unable to make monthly payments and are forced to sell their homes for 10-15% lower than they were purchased for.

6- Speaking of interest rates, the US government 20 year bond hits a 5.1% yield.

7- Zack Miller’s investing book, ” Tradestream Your Way to Profits” (coming out in the spring)becomes a business best seller.

8- The traditional secular stance of the Turkish army is lost as the country moves towards fundamentalism. This creates even more chaos in the Middle East, and Israel and India become very close allies.

9- Gold euphoria ends as common sense enters the market,  sending the price down to $750 an ounce.

10- Prez. Obama actually calls an Islamic terrorist, an Islamic terrorist. Well maybe that should be for 2011!

Happy New Year,

Aaron

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