Things to Be Nervous About in 2007

The World Bank has out a lengthy new global economic outlook report filled with things to fret about in 2007. Here are just a few of ‘em:

  • An oil-sector supply shock could disrupt growth
  • A disorderly unwinding of global imbalances remains possible
  • A housing market crisis could cause a recession
  • Overheating could provoke a sharper slowdown
  • Avian flu is still a worry
  • Marine fish are under increasing pressure
  • Global temperatures are rising
  • Climate change could have a catastrophic impact on some countries

Whew, there is so much to worry about. On the other hand, and not to take anything from these serious issues, especially climate change, from a contrarian point of view all these worries are reassuring. After all, they’re all known, and the market does climb a wall of worry, so 2007 could be a very good year indeed on the major markets as we ascend this particular Eiger.

Related posts:

  1. Why YHOO Will Outperform GOOG in 2007
  2. Google Traffic to Trump Yahoo’s by Late 2007
  3. Why We Worry About the Wrong Things, Part II
  4. Kleiner Perkins, the Patron Saints of Next Big Things
  5. This Wireless Things Could Be Big

Comments

  1. Nigel says:

    These are only the known unknowns. The real worry is the unknown unknowns.