It’s that time of the year when many well-respected financial commentators offer their outlooks for the coming year. While this crystal ball gazing is always entertaining, it becomes even more so a year later.
If you think back a year, you will recall that the politicians in Washington were in the grip of one of their “fiscal cliff” stand-offs. The theatre of brinksmanship kept everyone guessing until a last-minute resolution.
For some, the excitement was just too much.