Another List of Surprises

(1) Market saturated with lists of surprises. (2) Wien cornered the market. (3) The main source of secular stagnation is too much government. (4) IMF’s forecast is a good place to start. (5) Positive surprises likely offset by negative ones in US. (6) Global inflation should remain unsurprisingly low. (7) Not much more downside for commodity prices, but hard to see any upside. (8) One-and-done more likely than four-anddone in 2016. (9) Stocks either up, flat, or down--in that order of probability. (10) Consumers may be done saving their gasoline windfalls.