Apple will buy Tesla and other "outrageous predictions" from Saxo Bank
Following a ripening Monday volume for shares in the aftermath of the US-China trading partnership, the investor's doubts are creeping back in.
"Instead of an agreement, we would characterize the outcome in Buenos Aires as kicking can go further down the road," said Charalambos Pissouros, senior market analyst at JFD Brokers. Still, hoping that "every round of negotiations brings the two countries closer to a final agreement will likely keep market participants happy and encourage them to increase risk exposure, "he adds.
Is it really so bad to believe that 2019 will bring peace on the front? Because things can not get worse, right? … our call of the day from Saxo Bank sees another major problem for 201[ads1]9 – as everyone begins to "pay the piper for our bad ways."
"The big credit cycle already shows signs of strain in end of 2018 and will tear through developed markets next year as central banks are sent back to the drawing board. After all, their money printing work has only dug deeper debt holes since 2008, and it has grown beyond their mandate to handle, says Steen Jakobsen, chief economist at Saxo Bank.
This call comes along with Saxo's annual list of "outrageous predictions" events that are unlikely to happen but could really shake the investment world if they did. Here are some highlights:
1) Apple
AAPL, -1.76%
Gives Money To Buy Tesla
TSLA, + 1.54%
to $ 520 per share. Sakso chief of equity strategy, says Peter Garnry, that it's not such a bad idea because Apple has a $ 237 billion cash pile and needs to "expand its ecosystem."
"Apple has financial strength to fulfill Elon Musk's wildest dreams that Tesla does not have to balance investment costs for cash flow generation in the short term, says Garnry.
2) Netflix
