Five things that will NOT happen in the next 6 months: Morphic's anti-forecasts, Part I - China and the US Dollar

Yogi Berra reportedly said "It's tough to make predictions, especially about the future". With that in mind the team here at Morphic each 6 months put together a list of events that we think won't happen as part of our Half Yearly report to investors. In many respects it is easier to rule things out, rather than to forecast a single point in the future (though even this is tough). Today we unveil the first two of these: firstly on China, where we outline the case where paradoxically, it doesn't matter whether you are a bull or a bear, the market is most likely NOT going down. Secondly, we outline why the US Dollar will NOT be lower over the next 6 months, so get in early on your cash if you are going on holidays before 2016. Brickbats and bouquets welcome after Christmas! More details can be found here: (VIEW LINK) and our full half yearly report to investors here: (VIEW LINK)