Go Symbol Lookup
Loading...

Scaramucci’s Top 5 Surprise Predictions for 2012

 Text Size  
Published: Wednesday, 28 Dec 2011 | 6:08 PM ET
By: | Online Producer

With two trading days left in the year, “Fast Money” pro Anthony Scaramucci shared his 2012 predictions on Europe, gold, the U.S. dollar, Iran and Occupy Wall Street.

1. Fiscal Unity, QE3 in Europe, Stocks Rally 20 Percent

“I believe there will be some form of fiscal unity as it relates to Europe, and they will take concrete steps to improve the euro situation,” he said. “However, the economy is still going to soften, and you’ll see QE3 and expect the U.S. stock market to rally 20 percent.”

Scaramuccci: Top 5 Surprises in 2012
Anthony Scaramucci, SkyBridge Capital predict there will be fiscal unity in Europe; stocks will rally 20%; and gold will drop 30% next year.

2. Dollar Strength on Wyden-Ryan Medicare Plan

“I actually think these guys coming together in an election year, they will formulate something that will improve our situation as it relates to entitlement reform,” he said.

3. Gold Drops 30 Percent

“Because of the strength of the dollar, the gold bugs are going to be sprayed by U.S. dollar roach spray, and I expect that metal to be down 30 percent next year.”

4. Iran Government Toppled

Scaramucci called this a wild card. “I think President Obama will threaten to put boots on the ground in Iran, and I think that will force that government to topple, so it’ll be an interesting year from a foreign policy perspective,” he said. “Look for a Persian Spring in 2012.”

5. Occupy Wall Street, The Musical

Scaramucci joked that it would win a Tony Award.

“It’s going to be an interesting year,” he said.

Related Stories

______________________________________________________
Got something to to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment, but not have it published on our Web site, send those e-mails to fastmoney@cnbc.com.

Trader disclosure: On Dec. 28, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders: Kelly is long KRE; Kelly is long IWM; Kelly is long US T-bonds; Kelly is short the Yen; Kelly is short the Swiss Franc; Kelly is short UBS; Kelly is short CS; Weiss is long QCOM; Weiss is long GM; Weiss is long WLP; Weiss is long AAPL calls; Karabell owns shares of APPLE (AAPL); Karabell owns shares of CATERPILLAR (CAT); Najarian is long AAPL; Najarian is long C; Najarian is long INTC; Najarian is long MOS; Najarian is long YHOO; Najarian is long WFC;

Ron Insana
No disclosures

Jim Rogers
Rogers owns gold

Rogers owns silver

Nick Pope
Dahlman Rose & Company, LLC has not provided investment banking services to Energy XXI in the past 12 months. It intends to seek to be a financial advisor or to engage in investment banking services with the subject company and may receive compensation for such services during the three months following publication of this report. As a result, investors should be aware that the firm might have a conflict of interest in the future that could affect the objectivity of this report.

Dahlman Rose & Company, LLC makes a market in the securities of Energy XXI.

Dahlman Rose & Company intends to seek to be a financial advisor or to engage in investment banking services with McMoRan Exploration and may receive compensation for such services. As a result, investors should be aware that the firm might have a conflict of interest in the future that could affect the objectivity of this report.

Dahlman Rose & Company, LLC intends to seek to be a financial advisor or to engage in investment banking services with Rosetta Resources and may receive compensation for such services during the three months following publication of this report. As a result, investors should be aware that the firm might have a conflict of interest in the future that could affect the objectivity of this report.

Dahlman Rose & Company, LLC makes a market in the securities of Rosetta Resources, Inc..

Shaw Wu
Sterne, Agee & Leach, Inc. makes a market in the shares of the subject company.

Sterne, Agee & Leach, Inc. has, over the past 12 months, managed or co-managed a public securities offering or provided other investment banking services for the subject company.

Sterne, Agee & Leach, Inc. received compensation for products or services other than investment banking services from the subject company in the past 12 months.

The Sterne Agee analyst who has active coverage on this company owns a position in the subject company.

Sterne, Agee & Leach, Inc. or its affiliates beneficially own 1% or more of any class of common equity securities of the subject company.

 Print
With two trading days left in the year, “Fast Money” pro Anthony Scaramucci shared his 2012 predictions on Europe, gold, the U.S. dollar, Iran and Occupy Wall Street.

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            
            
        

Featured

Contact Fast Money

  • Showtimes

    Halftime Report - Weekdays 12p ET
    Fast Money - Weekdays 5p ET
  • Lee is host on CNBC's “Fast Money,” and “Options Action.”

  • Wapner is an award-winning reporter and the host of "Fast Money Halftime Report." He has also reported documentaries for CNBC.

  • Adami is a contributor on CNBC's "Fast Money." He is also Managing Director of stockMONSTER.com.

  • Najarian, the "Pit Boss," is cofounder of optionMONSTER.com, a news site for options traders.

  • Finerman is President of Metropolitan Capital Advisors, Inc., a company she co-founded.

  • Founder of EmergingMoney.com

  • Chief Market Strategist for Virtus Investment Partners & CNBC Contributor

Halftime Report

Fast Money Features