FRIEDMAN's FORECAST for 2010
released 1/1/2010
 
Results are posted in RED, and reflect status as of December 2, 2010.
Final update to follow at year's end.
 
 
Here are this year’s predictions, all of which were also stated on various TV and radio shows, including:
 
CBS-TV's THE EARLY SHOW (national broadcast)
FOX-TV MORNING NEWS in Washington D.C.
CJOB radio, 680 AM, Karen Black Show, Manitoba, CANADA
 
 
1)  FIRST, THE ECONOMY: Last year's predicitons of mine regarding the economy were nearly 100%, including predicting the trend of the stock market, but we'll see about this year. In terms of the stock market, a major correction in Dow Jones prices will occur (perhaps about a thousand points) prior to spring, then a recovery in summer, finishing at year's end higher than where we started the year. Nonetheless, recession will still remain.  But overall, as I've stated since a year ago December, we must look at this long-term, and we are in a 7 to 8 year cycle that evolves to a kind of Renaissance in the economy with incredible invention, resourcefulness and discovery resulting in new businesses, better times for current businesses, and thus more jobs and major growth in the economy. (Note: Always seek the advice of a professional financial advisor, do your research, and utilize your own intuition and knowledge before making investments.) A HIT X 2. For the second year in a row, the stock market acted exactly as predicted, and the recession prediction was also accurate.
2)  EMPLOYMENT: The job situation improves slightly with more people employed in 2010, with the most significant jumps in employment occurring at the end of spring and at year's end. Nevertheless, we won't have as many people back to work as we would all like, but it's an improvement. A HIT.
 
3)  THE PRESIDENT: Though his approval has been slipping over the last 5 months of 2009, President Obama's approval ratings this year will rise by the end of summer. A MISS.
 
4)  There will be a cabinet resignation at the White House. A HIT.
 
5)  Health care reform will be signed into law, but even though the house and senate each passed a version of a health care bill, it will still undergo significant changes, part of which will include (SURPRISINGLY) the so-called "public option," or something like it as part of the bill.A HIT.   btw: When this prediciton was made (January 1st), health care legislation was "dead in the water" and not considered even a remote possibility by many pundits and commentators.  

6)  A rabbi will help save the life of a priest. NOT YET, but I feel it will will occur near Christmas. 
 
7)  Donald Trump will change his hair style. NOT YET.
8)  There will be an unexpected silence at the Grammy Awards.  A HIT.  Late in the telecast, during a production number with Eminem, Lil Wayne and Drake, the sound went on the fritz with the sound going dead for seconds on end, over and over.
 
9)  THE HURT LOCKER will win the best picture award at the Oscars.  A HIT
 
10) Mo'Nique will win the best supporting actress award for PRECIOUS at the Oscars, and I'm "hunching" that Jeff Bridges will win an Oscar for best actor. TWO HITS (And re: predictions 9, 10 and 11, these are stated at New Years time which is several weeks prior to the nominations being announced. Also, at that time, AVATAR was the film getting all the buzz. This marks the 11th year out of 12 that all of the Oscar predictions are accurate. The other year, 2008, only one was wrong.)
 
11) Kathryn Bigelow wins the Best Director award at the Oscars.  A HIT 
 
12)  Tiger Woods, in spite of his announced leave of absence, will return to the golf circuit and though he fails in smaller tournaments, he will win another major this year or the following Spring.   A HIT re: his return. Nothing yet on winning a Major, but wait until Spring. 
 
13)  Singing sensation Susan Boyle "lives a dream" instead of just "dreaming a dream" in that she finds a bit of romance. I suspect there is something brewing.
 
14)  Ellen DeGeneres is a huge hit as the new judge on AMERICAN IDOL. HALF A HIT. Though good, Ellen was NOT a "huge" success.

15)  Jennifer Anniston will find a great love relationship within the next 6 to 20 months. That period is the cycle for which all the elements will be right. Plus, he will be someone about 8 to 12 years older, and not an actor.   APPEARS TO BE A HIT.
 
16)  The numbers 1, 8 and 23 are somehow important in the grand scheme of things this year. MORE ON THIS SOON.
 
17)  There will occur two major tremors/earthquakes on the west coast with a minimum 5.2 on the Richter scale.  A HIT. On April 3rd, two significant quakes occurred in Baja and California.

18)  Norah Jones has a brush with danger on a tour. In the end, all is good.A MISS so far.
 
19) A strange chemical is found in a subway of a major city, probably either Chicago, Boston or New York. A HIT. Suicide bombing in Moscow.
 
20) And as always, (Why should I stop prognisticating this?), I predict the Chicago Cubs will make it to the World Series. HA.
 
back to predictions for 2009
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