Stocks, Bonds, FX, Commodities and Economic Forecasts!

Dear Reader,

I am of the opinion that US major stock indices will post 5-8% gains in 2015. Major European stock indices(DAX, FTSE, CAC) will post 10-15% gains in 2015.

German 10 year government bonds yield to remain below 1.5% in 2015. US 10 year treasury yields to touch 2.7% in 2015. I expect the Federal Reserve to hike the Federal Funds Rate in September AND December by 0.25%.

Oil looks like a good value at 50 USD. I forecast many times before that gold will fall to 800 USD in 2-3 years, so I am not suprised by the fall of the price of gold in the recent days.

Stocks: I believe Microsoft(MSFT), GOPRO(GPRO), LinkedIN(LNKD) and FitBit(FIT) are undervalued at these levels.

I believe the US economy will grow less than 2.5% in 2015 and the eurozone will grow by less than 1.6% in 2015.


Disclaimer: This article and posts on social networks(Twitter, LinkedIn etc.) are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions  expressed in the blogpost and posts on social networks(Twitter, LinkedIn etc.) are the author's and they in no way express the opinion or official position of Bulgarian National Bank!



Conflicts of interest: I may possess some of the securities,currencies or their derivatives mentioned in the blogpost and posts on social networks(Twitter, LinkedIn etc.)!