2:21 PM » My 2014 predictions: Try not to be boring!
It's that time of year...prediction time. For the last week, I've chatted with my trader friends, asking what might happen in 2014. For the most part, the answers were pretty bland: Federal Reserve taper continues in early 2014. 10-year bond yields go to four percent or so mid-year. Stocks falter, but then recover as the economy improves. (Watch: Bob's 2014 market predictions) It's not that I think none of the above will happen...indeed, it is the most likely course of events. It's just that it's so...dull. So let's throw caution to the wind and try to be a little more creative. My conviction level is not high on all of these, but at least it's a little better than "Fed tapers." Here goes: