John Carney: Wall Street
Now to my 2010 Predictions scoring.
Overall, I give myself a gentleman’s C, having managed to get one out of five right.
1.Put-backs are going to be a very big deal
Wrong. They actually haven’t become much more of a big deal than they were in 2010. I still think this is dangerous complacency.
2. Jamie Dimon will retire as CEO of JP Morgan Chase.
Once again, he didn’t.
3. Europe's sovereign debt crisis will continue.
That certainly turned out to be right.
4.The bubble in emerging markets will become obvious
Nope. The fate of China, Brazil, India and so on is still in dispute.
5. The municipal debt situation will become a crisis.
The mass defaults I thought were coming still haven’t arrived.