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Albert Gilbert:
The Mayan calendar ends 2012, therefore, the world will also end in 12/2012 (still TBD perhaps).
Joseph Tittle:
One of the largest hurricanes ever will hit the south, possibly Texas and Louisiana.
A company that did really well years back will introduce something new that causes the stock to move 10x its current trade; but then drops rapidly.
Short term boost to the economy followed by two major companies announcing large downsizing and hundreds of layoffs.
Greg Valliere, Economy:
Mitt Romney defuses concerns re: religion and flip-flopping and narrowly wins.
Across-the-board spending cuts to Pentagon are rejected by Congress.
Darren Rovell, Sports:
Nike's NFL takeover will result in huge sales.
The next great frontier in sports is selling "time slots" to sponsors - e.g., Madison Square Garden sold the last 5-minutes of the Rangers and Knicks home game to Foxwood.
NBA attendance will suffer.
College sports will continue to be the most robust marketplace..."serious coin."
Bad reception within stadiums and arenas is an issue - owners will need to spend money to improve their venues to compete with what customers now have at home.
Brian Schactman, Energy:
Energy boom slowed by fracking regulations.
A jobs comeback in manufacturing.
Gary Kaminsky, Finance:
10-year treasury yields 1%.
Bank of America will sell Merrill Lynch.
J Crew buys and "saves" Gap. Note: the CEO of J Crew was fired by GAP.
President Obama is out after one term.
Julia Boorstin, Media:
Battle over whether consumers buy digital copies or subscribe to services for content (think Apple vs. Netflix for movies and Spotify vs. iTunes for music)
Television and internet converge; the distinction between TV and web video disappears.
Social media will change - Facebook will go public, Twitter will launch a sustainable business model and a flood of social media related IPOs will hit the market.
Traditional publishing will survive - publishers will find ways to get consumers to pay for content played on new devices (eReaders, tablets and smart phones).
Northeast Winter Weather (Accuweather):
I-95 cities get hit pretty good; cold is expected to phase in with big storms during January and February with potential for large snowstorms in major cities ... on the plus side, good skiing conditions.
There you have a few 2012 predictions. We can safely say we think Mr. Gilbert was wrong; still debating most of the others. For the entire article with a few more predictions, visit our blog.
Have a wonderful Holiday Season and thanks for the opportunity to talk and work with you. We predict 2013 will be a great year for you.
by Ed Davis, Partner
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