Yesterday we looked at our predictions for 2015. Today we give our predictions for 2016. What do you think will happen in the year ahead?
To win our annual blog contest for best prediction, make your prediction as specific as possible. For example, our recent winner, Joe, didn’t just say that we’d have an oversupply of oil or that the price of oil would come down. He said that the price of oil would drop to $35 per barrel. Also, the predictions that stand out the most are those that seemed at the time to be unlikely, and yet, they come to pass. When Joe made his prediction exactly a year ago, oil was going for $60.
This can be a salutary exercise in any event, whether you win or even enter our contest. This is an election year, which promises extra drama. (Who will be the nominees? Can the Republican party prevent Donald Trump from being its standard bearer? Can any of these candidates beat Hillary Clinton? If so, who?) I’ll make a few predictions of my own after the jump. [Read more…]