Although optimism about the US economy and markets seems appropriate there are nagging horrors that cannot be discounted
Following Halloween, it is an appropriate time to discuss the 10 scariest events that could drive the stock market down a thousand points or more by next October. I'm not predicting such a dive. In fact I'm mildly bullish for 2003 but there's plenty to be nervous about. So here is my market horrorscope. Like David Letterman, I'll list the 10 Scariest in reverse order. The scenarios that scare me most are listed last. Here's the countdown. 10. Saddam Stalemate George W Bush, after rattling the US sabre, has retreated a bit from his hawkish rhetoric and now seems to be waiting for the U...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes