10 predictions for 2013

We normally end the year summarizing what happened. So I thought it would be interesting to make some predictions at the beginning of the year.

1. US Financial Markets will go up and down but will end the year near flat - +/- < 5%. China markets flat. Japan markets flat. Indian markets up 10%.

2. US job markets will improve significantly. 6.5 - 7 % by end of year.

3. US housing markets will improve. Up by 4 - 6 %

4. Interest rates will firm up.

5. European financial crisis will deepen. EU and Euro will be increasingly questioned.

6. Middle East nations turmoil will cascade to cover at least 5 more nations.

7. Apple will not launch Apple TV. The device that is rumored to replace the traditional TV.

8. Indian IT outsourcing will come under pressure. May rise in actual numbers but will reduce as a % of global outsourcing.

9. Apple, Google, Facebook and Amazon will continue to dominate global markets. All will grow numerically but will lose market share.

10. Global weather impacts will have 3 major incidents, each of which will have 3 digit casualties.

and finally the only prediction I really wish I'm right about.

"Each of you will have a fabulous 2013."