ICangles Investment Post….
As 2012 nears a close, I have made some big predictions about the future in financial markets and have hinted at others. I believe our current period has been fair, bad times are nearing and unexpectedly good times for investors will follow. In my view the future is a mixed bag, heavy with near-term risks and long-term opportunity. One thing I don’t think it will be is boring. As I have grown older I have become more cautious in predicting financial markets. Nevertheless I have never before made as many bold predictions for big changes as I am in the process of now making. In my view we are approaching an inflection point where the market will transition from a secular bear market phase into a secular bull market. The world will give birth to a new age, and it will not be without pain.