The DJIA will end the year between 12,000 and 12,500.
The housing market will bottom-out, and start a nice recovery.
National unemployment will top out at 10.5% then decline to 8.5% by year-end.
US troop levels in Iraq will remain the same. US troop levels in Afghanistan will significantly increase. By year-end, neither region will be any more stable than it is now.
Yemen will emerge as the new “bad guy” country.
North Korea and Iran will further their nuclear ambitions. There will be much condemnation and sanctions, but nothing significant.
Credit and bank loans will remain tight throughout the year.