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20 Surprises for 2010

By Doug Kass

About this article:
This blog post originally appeared on RealMoney Silver on Dec. 21 at 8:49 a.m. EST. "Never make predictions, especially about the future." -- Casey Stengel If there are three lessons to have been learned from the past decade, they are as follows: how wrong conventional wisdom can be; that uncertainty will persist; and that the occurrence of Black Swan events are growing in frequency. In late December over the past seven years, I have taken a page from former Morgan Stanley strategist Byron Wien, who is now Vice Chairman of Blackstone Advisory Services, and prepared a list of possible surprises for the coming year. (Here is Byron Wien's surprise list for 2009; his picks were most prescient!) Four Fearless Predictions for 2010 By Alan Farley ...

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