Tencent topples Apple, petro-yuans & Bitcoin crashes: Saxo Bank's ten Outrageous Predictions for 2018

Gallery of contrarian forecasts

clock • 1 min read

Saxo Bank, the online multi-asset trading and investment specialist, has released its ten 'Outrageous Predictions' for 2018, which include a 25% correction for the S&P 500, Bitcoin crashing after soaring above $60,000 and an Austro-Hungarian empire taking over the EU.

Saxo Bank, the online multi-asset trading and investment specialist, has released its ten 'Outrageous Predictions' for 2018, which include a 25% correction for the S&P 500, Bitcoin crashing after soaring to above $60,000 and an Austro-Hungarian empire taking over the EU. The predictions focus on a series of unlikely but underappreciated events which, if they were to occur, could send shockwaves across financial markets.  Commenting on this year's Outrageous Predictions, chief economist at Saxo Bank Steen Jakobsen said: "We have published Outrageous Predictions for more than ten...

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