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Old 12-31-2003, 03:31 PM   #1 (permalink)
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Predictons 2004

What's in Store for 2004 - Business Week

If the 21st century has any provided any lessons so far, it's how full of surprises life really is. From the horror of September 11 to the shock and awe of the Iraqi invasion to the exhilarating Sunday morning a few weeks ago when Americans woke up to pictures of Saddam Hussein with a tongue-depressor in his mouth, what's most remembered is rarely what was planned for or anticipated.

Given history's surprises, isn't it futile to try predicting the future? Fat chance. With full disclaimer that no human -- especially journalists -- ever knows what's coming next, here are BusinessWeek Online's Top 10 Predictions for 2004, culled from the best guesses, hunches, and bets of our distinguished staff. As the final pages turn on 2003, see if you agree or disagree. Please let us know either way. And a happy and safe New Year to you and your loved ones:


1. George W. Bush will win a surprisingly close battle for reelection, gaining a narrow plurality of the popular vote that will erase questions over his controversial 2000 win but leave him with no mandate for a second term, save protecting and defending the national security.


2. Osama bin Laden will be captured or killed.


3. The U.S. economy will continue a decent rebound, growing at a 4.5% annual rate for 2004


4. The Dow Jones industrial average will flirt with 11,000 in spring or early summer, but end 2004 below that number, posting a modest 7% to 8% gain over 2003.


5. The Federal Reserve will state its increasing concern about the possibility of renewed inflation in its regular policymaking sessions of the Federal Open Market Committee, but it won't raise interest rates again until 2005.


6. Commodity exporters will be among the hottest stocks of 2004. Shares of agribusinesses, metal producers and suppliers, spare-parts makers, and so on will be big winners. Job losses in the U.S. manufacturing sector will end -- for now. Almost invisibly, China will suck in vast amounts of raw materials and commodities, becoming the manufacturing hub of the world by 2008.


7. The Recording Industry Association of America will back off its aggressive campaign to prosecute alleged music-file swappers amid a growing popular and legal backlash and the rising acceptance of a plethora of legal download services. The RIAA will also finally stop blaming pirates for the fall-off in sales of recorded music CDs, which drop a further 5% to 10% in 2004, even as paid downloads explode.


8. The Enron era will continue in 2004. At least one more major corporate scandal will erupt.


9. The New England Patriots will beat the St. Louis Rams in the 2004 Super Bowl.


10. The Boston Red Sox will beat the Chicago Cubs in the 2004 World Series in the battle of baseball's cursed. You read it here first.
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Old 12-31-2003, 03:36 PM   #2 (permalink)
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Wink Those are boring Jazz

What's the prediction on:

Scott Peterson
Martha Stewart
Kobe Bryant
Me winning the big fat lotto?
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Old 12-31-2003, 03:38 PM   #3 (permalink)
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Re: Those are boring Jazz

Quote:
Originally posted by Sharon
What's the prediction on:

Scott Peterson
Martha Stewart
Kobe Bryant
Me winning the big fat lotto?
jail
jail
big $$$ payoff
zero


Next...
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Old 12-31-2003, 03:44 PM   #4 (permalink)
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Re: Re: Those are boring Jazz

Quote:
Originally posted by jazz lady



Next...
Michael Jackson?
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Old 12-31-2003, 03:52 PM   #5 (permalink)
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Re: Re: Re: Those are boring Jazz

Quote:
Originally posted by Sharon
Michael Jackson?


Next...
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"If it hadn't been for jazz, there wouldn't be no rock and roll" ~ Louis Armstrong





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Old 12-31-2003, 04:00 PM   #6 (permalink)
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Re: Re: Re: Those are boring Jazz

Quote:
Originally posted by Sharon
Michael Jackson?
I heard they are already planning that first prison DVD. It's going to be called "Bubba got my groove".
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Old 12-31-2003, 04:00 PM   #7 (permalink)
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Re: Re: Re: Re: Those are boring Jazz

Quote:
Originally posted by jazz lady

Next...
Babies...boy or girl?

Pixie
FPgal
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Old 12-31-2003, 04:02 PM   #8 (permalink)
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An enraged mob of parents wielding Louisville Sluggers will attempt to bludgeon Michael Jackson, only to find that his body is made entirely of plastic.

A new reality show will attempt to cash in on all the "women in danger" stories that clogged cable news in recent years (Chandra Levy, Lacy Peterson, Jessica Lynch). Called "Knights in Shining Armor" or something else hokey, it will feature a bachelorette and several bachelors who must rescue her from a series of dangerous situations.

Major league sports will allow the naming of teams after corporate sponsors (The Seattle Microsofts, the Atlanta Coca-Colas).

Cal Ripken will become owner of the Baltimore Orioles.

Home Depot still won't have a location in St. Mary's to give Lowes some healthy competition.
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Old 12-31-2003, 04:07 PM   #9 (permalink)
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Re: Re: Re: Re: Re: Those are boring Jazz

Quote:
Originally posted by Sharon
Babies...boy or girl?

Pixie
FPgal
~ Pixie will have a girl
~ I don't know a FPgal, but for PFGal I'm predicting a boy.

Next...
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"If it hadn't been for jazz, there wouldn't be no rock and roll" ~ Louis Armstrong





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