On the Lighter Side: Some Serious and Not-So-Serious 2012 Predictions

I have been up against tough competition all my life.  I wouldn’t know how to get along without it.”

– Walt Disney on Competition

We’re typically a results oriented, fact finding, analytical, let’s make-it-happen group. But it’s the end of 2012 and we revert to our lighter, jovial, fun-loving side and leave the heavy stuff for next year.

Soon the “2012 Year in Review” lists will be flying.  But we’re really interested in what people predicted for 2012. After all, we all know what really happened.  We did our research on 2012 predictions and included both “traditional” and “non-traditional” sources (we’ll let you decide which is which).  We did notice some similarities between the two which we thought was a little scary. Take a look at what the experts predicted.

Albert Gilbert:

The Mayan calendar ends 2012, therefore, the world will also end in 12/2012 (still TBD perhaps).

Joseph Tittle:

One of the largest hurricanes ever will hit the south, possibly Texas and Louisiana.

A company that did really well years back will introduce something new that causes the stock to move 10x its current trade; but then drops rapidly.

Short term boost to the economy followed by two major companies announcing large downsizing and hundreds of layoffs.

Greg Valliere, Economy:

Mitt Romney defuses concerns re: religion and flip-flopping and narrowly wins

Across-the-board spending cuts to Pentagon are rejected by Congress.

Darren Rovell, Sports:

Nike’s NFL takeover will result in huge sales.

The next great frontier in sports is selling “time slots” to sponsors – e.g., Madison Square Garden sold the last 5-minutes of the Rangers and Knicks home game to Foxwood.

NBA attendance will suffer.

College sports will continue to be the most robust marketplace…”serious coin.”

Bad reception within stadiums and arenas is an issue – owners will need to spend money to improve their venues to compete with what customers now have at home.

Brian Schactman, Energy:

Energy boom slowed by fracking regulations.

A jobs comeback in manufacturing.

Gary Kaminsky, Finance:

10-year treasury yields 1%.

Bank of America will sell Merrill Lynch.

J Crew buys and “saves” Gap.  Note:  the CEO of J Crew was fired by GAP.

President Obama is out after one term.

Julia Boorstin, Media:

Battle over whether consumers buy digital copies or subscribe to services for content (think Apple vs. Netflix for movies and Spotify vs. iTunes for music)

Television and internet converge; the distinction between TV and web video disappears.

Social media will change – Facebook will go public, Twitter will launch a sustainable business model and a flood of social media related IPOs will hit the market.

Traditional publishing will survive – publishers will find ways to get consumers to pay for content played on new devices (eReaders, tablets and smart phones).

John Fortt, Tech:

Amazon expands touchscreen line and will offer devices that are both bigger and smaller than those now on the market.

A consolidation of cloud-computing business …expect a robust M&A market.

The Android market will expand.

The return of Bill Gates – Windows 8 and the entry into the mobile market.

 David Wilcox:

Alien ships will harvest the world of good souls leaving the bad behind to have a miserable life.

 Vickie Monroe, Psychic:

The Red Sox won’t make the world-series but there’s a good chance in 2013.

 A new land mass will be discovered on earth or within the sea.

 New and easy diagnosis, saliva testing, of two major forms of cancer.

 Industry will re-evaluate the need for tech in hopes of bringing jobs back.

 Smart TV will become popular, allowing integration with computer, phone and video.

 Celebrity breakups – Tim McGraw/Faith Hill; Will and Jada Pinkett Smith; Ben Affleck and Jennifer Garner.

 Sidney Friedman, “Psychic to the Stars”:

Oprah Winfrey returns to television.

An unusual bug is found in Brooklyn.

Jewish cooking (Matzoh balls and Gefilte fish) appear on other restaurant menus.

The magic of Tim Tebow wears off.

Snow was big news for NY last year (2011), this year (2012) it’s water.

Christopher Dawson, ZDNet, Education:

Miserable school budgets, no end in sight.

New classroom training based on students having/bringing“BYOD” (Bring Your Own Device: think tablets and eReaders).

Schools have to learn to leverage e-learning applications in the classroom. Major battle for publishers (i.e. “open resources” vs. traditional publications).

Goodbye libraries, hello streaming information. Note:   Johns Hopkins University is closing its historic medical library, transitioning from traditional to “informationists.”

Northeast Winter Weather (Accuweather):

I-95 cities get hit pretty good; cold is expected to phase in with big storms during January and February with potential for large snowstorms in major cities … on the plus side, good skiing conditions.

There you have a few 2012 predictions.  We can safely say we think Mr. Gilbert was wrong; still debating most of the others.

Have a wonderful Holiday Season and thanks for the opportunity to talk and work with you.  We predict 2013 will be a great year for you.

-by Ed Davis, Partner