Outrageous Predictions

Saxo Bank's Outrageous Predictions 2013: Extreme complacency

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Saxo Bank's 10 Outrageous Predictions for 2013 are not Saxo Bank’s official calls for 2013. Ironically, though, they could prove far more relevant for investors because of the huge impact if any one of the 10 sees the light of day in the New Year. Saxo Bank's Chief Economist Steen Jakobsen explains that the biggest concern on the cusp of 2013 is the current odd combination of extreme complacency about the risks presented by extend-and-pretend macro policy making and rapidly accelerating social tensions that could threaten political and eventually financial market stability.

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