5 More Surprises for 2012

 | Dec 30, 2011 | 2:30 PM EST  | Comments
  • Comment
  • Print Print
  • Print
Stock quotes in this article:

bac

,

hpq

This commentary originally appeared at 1:55 p.m. EST on Dec. 30 on Real Money Pro -- for access to all of legendary hedge fund manager Doug Kass's strategies and commentaries, click here.

Some of the possible improbables that I came up with while compiling my "15 Surprises for 2012" were not quite ready for prime time, but they can certainly serve as an addendum to that list.

Surprise No. 16: After it is disclosed that Bank of America (BAC) is being forced to raise an additional $20 billion to $25 billion of capital, Brian Moynihan resigns as President and CEO of Bank of America.

Surprise No. 17: Reflecting upward trending stock markets around the world, continued improvement in domestic high-frequency economic statistics and a contained European debt crisis, the CBOE Volatility Index (VIX), which is now at 23.5, falls to the 10-15 level during the second half of 2012.

Surprise No. 18: Facebook's IPO fizzles. The new offering is priced at a $70 billion equity capitalization, but opens flat and breaks issue price in the first day of trading.

Surprise No. 19: A second-half growth 'scare' briefly lifts the yield on the 10-year U.S. note to over 3%.

Surprise No. 20: Similar to Hewlett-Packard's (HPQ) former CEO Mark Hurd, three very high profile executives of Fortune 500 companies are forced to resign after sexual harassment allegations.

Columnist Conversations

GS has cleared the important hurdle on the way up which increases the odds for an eventual rally towards the 1...
A good quarterly report has sent shares of Calamos Asset Management (CLMS) sharply higher. CLMS was up about ...
Electronics distributor Ingram Micro (IM) reported better than 16% growth in its Q3 sending the stock up about...
Market posting decent day considering Ebola getting headlines again. Believe investors have learned not to pa...

BEST IDEAS

REAL MONEY'S BEST IDEAS

Columnist Tweets

BROKERAGE PARTNERS

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.