Angela Merkel will be re-elected as Chancellor of Germany in 2013. However, since the Euro crisis will still not be resolved, her victory will not be very big at all because the vast majority of Germany voters will be willing to openly express their displeasure with that situation.
5. The Decline of the Stock Market
The stock market will continue to stay down even after the fiscal cliff negotiations have ended. Studies have estimated that it will be down close to 10% for the majority of the year. The slight rise in employment rates that were experienced in 2012 will go out the window as the rate drops even further in 2013.
4. The Recession of the US Economy
The US economy will not get any better in 2013 and will more than likely experience another recession. However, it is good to know that it will not be a major recession as was experienced in the past. Business confidence and overall consumer sentiment will decline, but that will not be enough fuel to make a drastic impact on the economy overall.