Forecasts? Well, perhaps Altair can help me with this, but I think we will be seeing a decline in European Equities for some time as they are in a recession. Watch for the S&P 500 to predominately rise through the year, perhaps not at a stunning rate, but if the commodities bubble is indeed over then there will be more cash poured into the stock market here in the United States. Watch out for more bank failures. In regards to currencies, the dollar has to rise some time in this situation, so the Euro-Dollar and the Sterling-Dollar will fall. Europeans, get your asses to the US now before you lose your wonderful exchange rates.
