The Crowd Is Usually Wrong.... The consensus for 2006
1) The dollar will be weaker
2) The Republican party has seen it best days for a long time
3) The War in Iraq will never end
4) Inflation is heading higher
5) All Earnings in America have peaked in 2005
6) Oil and gas prices are headed much lower
7) Gold is going a lot higher
8) Japan's equity is going higher
9) Real estate is in a global bubble and America in particular
10) GM and Ford are going bankrupt
11) China and India are going to experience a material slowdown
12) There is going to be an enormous amount of new oil found and pumped globally
13) Interest rates have peaked and are headed lower
For the past three years the crowd has been wrong almost in it's entirety. Maybe it depends on how one wants to interpret the data or results.
The facts? Time will tell but Barkly is excited about 2006!

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