A predicted 3% fall in the US Dollar during 2021, was incorrect and met with a Global default denomination of +3.5%.
The 7.5% swing and miss in Sum.
In the world of currency values and major financial institution predictions - Missing the Mark by the largest Margin in predictive assumptions is no small feat.
This never happens and yet it did happen.
Fears of the recovery in China, Japan, Australia, and the UK in terms of manufacturing and durable goods corporate performance - failed to meet expectations.
China began to restructure Trade.
Japan turned inward continuing the largest build in Defense before World War 2.
Australia went full mental with Covid restrictions, closing off its Economy.
The UK further removed ties to the European Union with Bre-Exit advancing from February to June.
Coffin Nails were abundant, their hammering continues.
Nothing ever happens hear.
No China, no worries.
Have you seen our housing market? Thing's untouchable. Solid as a rock.
Unemployment? Nah, there's none of that. Governments got us covered for sure.
What could possibly go wrong...