1. Gold prices will continue to retreat, as of today, December 6, 2014 it is $1,192 an ounce. I believe it will be below $1,000 an ounce before year end 2015.
2. Oil prices will be below $60 a barrel by year end 2015.
3. The S&P 500 will exceed $2,200 a share sometime in 2015.
4. The Supreme Court in 2015 will overturn Obama Care or the Affordable Care Act and voters will rejoice.
5. Home builders and private mortgage insurers such as Hovnanian Enterprises and Pulte Homes Inc. along with Radian Group Inc. and MGIC Investment Corp. will outperform the stock market in 2015.
6. In terms of other markets, I believe the Greek Stock Market will outperform the United States S&P 500 and Dow Jones Industrial Average in 2015 and be up by more than 20%.
7. The Russian Stock Market will continue to deteriorate, closing down more than 25% sometime in 2015.
8. Outside of the United States, Greece and Russia, world equities will rise by 10% or more during 2015.
9. Interest rates, i.e. the 30 year Treasury will finally rise above 6% by year end 2015.
10. In accordance with my prediction on 30 year Treasuries, Fed Funds will increase to 2% by year end 2015 and AA corporate bonds will increase to 7% by year end 2015.

Herb Jacobs worked in the finance industry for several decades for companies including Manufacturers Hanover Trust Company, HSBC Bank and DEPFA Bank. He has written three books and now teaches at NYU’s School of Continuing Education.