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This piece originally appeared on Street Insight on Dec. 11 at 8:21 a.m., and is being republished as a bonus for TheStreet.com and RealMoney.com readers. For more information about subscribing to Street Insight, please click here.
This piece was updated Jan. 3 -- Kass' prediction No. 8 has partly come true.
Every December, I take a page from former Morgan Stanley strategist Byron Wien, now the chief investment strategist at Pequot Capital Management, and prepare a list of 25 possible surprises for the coming year.
These are not intended to be predictions but rather events that have a reasonable chance of occurring despite the general perception that the odds are very long. I call these "possible improbable" events. ...
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