1.  GDP growth in the U.S. remains essentially unchanged at 2.4% last year, 2.5% this year, and 2.4% next year.
2.  GDP growth in Europe increases from 0.9% last year, 1.6% this year, and 1.8% next year.
3.  GDP growth in China continues to slow from 7.4% last year, 6.8% this year, and 6.4% next year.
4.  U.S. stocks should increase 6.2% over the next twelve months.
5.  European stocks should increase 18.8% over the next twelve months.
6.  Japanese stocks should increase 20.4% over the next twelve months.
7.  Interest rates on the benchmark 10-year Treasury bond should increase a whopping 73 basis points or about three-quarters of one percent over the next twelve months.
8.  The dollar will appreciate 15% against the euro and 3.8% against the pound but depreciate 7.6% against the yen.
9.  Oil will remain essentially unchanged,while natural gas will cost 23.6% more.
10.  Gold and cooper continue to lose value, with a loss of 8.4% for gold and 5.8% for cooper.

Notable in its absence, there is no discussion of any potential recession or bear market!