Getty Bitcoin is ballooning to new highs... but can it last?How does a 25% flash crash in the S&P 500 sound? Or bitcoin peaking at $60,000 before sinking to $1,000? Or maybe even the U.S. Treasury sidelining the Fed and enacting a yield cap? Sound outrageous? Well, while most analysts focus on what they view as relatively high-probability developments, Saxo Bank annually lays out 10 unlikely events that could nevertheless rattle investors in 2018 if they were to happen. Of course, they aren’t Saxo Bank’s main calls for 2018. The Copenhagen-based bank has made a tradition out of publishing outlandish outlooks each year. Head of FX strategy John Hardy, who led the project this year, pointed out that this season’s predictions reflect the lurking risk that a number of asset bubbles built up during 2017 could burst in the year ahead. “In 2018 we see the pendulum swinging back in favor of pronounced volatility risks as the irony of long periods of quiet and complacency in asset markets is that they sow the seeds for future volatility as investors underestimate tail risks and overleverage their bets on a continuation of the cycle,” he said. “It’s safe to say that if any of our predictions see the light of day in 2018, the world will feel like a new place this time next year,” he added. So will any of the outrageous predictions come true? Wait and see...via