Financial expert shares insights: Saxo Bank's bizarre predictions for 2024 - from obesity drugs to the global club competition revolution.

Financial expert shares insights: Saxo Bank's bizarre predictions for 2024 - from obesity drugs to the global club competition revolution.

According to a report by www.finanzen.net,

Saxo Bank has published its “Outrageous Predictions” for 2024, which show extreme yet possible scenarios for the future. Some of the predictions include a rise in oil prices, Saudi Arabia turning the Champions League into a global club competition, the emergence of new obesity drugs and tax-free income from government bonds in the United States.

One forecast suggests that Saudi Arabia could make a splash in 2024 by buying the UEFA Champions League and turning it into a global club competition. This could lead to a significant increase in Manchester United's share price.

Furthermore, Saxo Bank predicts that new obesity drugs could lead to an increase in obesity rates worldwide, which in turn could cause the share prices of McDonald's and Coca-Cola to rise by 60%.

Another forecast suggests that the US government may be forced to exempt income from Treasury bonds to normalize borrowing costs.

Furthermore, Saxo Bank predicts a crackdown on artificial intelligence and the formation of a “Rome Club” by deficit countries, which could lead to big gains for gold, silver and cryptocurrencies.

Additionally, it is predicted that a third-party candidate could win the US presidential election, the Bank of Japan could be forced to give up control of the yield curve, and the EU could introduce a new wealth tax.

While these extreme scenarios are unlikely, they can help investors identify potential risks and understand potential impacts. However, the future remains uncertain and volatile, so it is important that investors prepare for different scenarios.