This year has been marked by astonishing and market-changing events including a $100 fall in the price of oil, the drop to zero of U.S. interest rates and the collapse of Wall Street giants such as Lehman Brothers.

Next year could bring more, equally unbelievable, happenings such as another 400 points being wiped off the S&P 500 and a slump in Chinese growth to zero, according to a report from Saxo Bank titled “10 Outrageous Claims 2009.”

Video: David Karsbol, markets strategist from Saxo Bank, spoke to CNBC about the predictions.

1. Iranian Revolution

If oil prices continue to decline, which Saxo Bank believes they will, the Iranian society will be badly affected due to the country’s reliance on its number one commodity. The government may not be able to provide the basic necessities its citizens need, which would lead to widespread social unrest, according to Saxo Bank.

2. Crude Oil to $25

The ongoing economic crisis will further dent oil demand throughout next year, sending the price ever closer to $25 a barrel, Saxo Bank said. OPEC production cuts will be hampered by disagreement and fail to stem the slide, it added.

3. S&P 500 to 500

More Top Stories

I Want Greece to Stay in the Euro: Merkel to CNBC

As One JPMorgan Trader Sold Risky Contracts, Another One Bought Them

Survey Predicts a Summer Job Boost is Coming

What Happens When Greece's Money Runs Out?

Forget a 'Grexit.' Watch for a 'Grashall Plan': Analyst

More Top Stories