BlackRock’s 10 Prediction’s

Recently we ran across a copy of BlackRock’s 2010 predictions. If you didnt’ know, BlackRock is a global invesment management advisory service and hence has a pretty good handle on the market.

Some of their non-stock market predictions:

• Expect a modest recovery here in the U.S.  They are projecting 3%. (comment: BlackRock feels that some of this growth will come from inventory restocking. This could represent opportunity with OEM and industrial accounts … OEMs will be producing the inventory others buy; industrials will be manufacturing.  Other segments could include transportation companies.)
• Inflation will remain under control in 2010 due to a high unemployment rate which they don’t expect to drop to 8% for “awhile”. (comment: from an electrical industry viewpoint, don’t be surprised to see product price increases due to the global nature of commodities and labor markets in other parts of the world.)
• The credit “overhand” will curtail growth.
• Key markets to consider include healthcare, IT / technology and telecom.  (comment: appears that there could be office needs / datacom needs – are you calling on these types of customers?).
• There will be increased M&A activitiy due to companies that have strong free cash flow, strong balance sheets and a desire to grow (or are frustrated by slow growth!).

To read the report, click here.