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2024: What's In Store?

2024: What's In Store?

December 28, 2023

Sharing a headline from The Economist published in November 2022:

By now, we all know this didn’t happen. Markets and economies across the globe had banner years, despite the forecasted impending doom and gloom.

Turns out predicting the future is hard. Like really hard. No one has a crystal ball.

As we put a bow on 2023, below are some of my best guesses at what to expect in the year ahead:

Some stocks will go up, some will go down, others will remain unchanged.  Same goes for most asset classes.

You will learn something new. Hopefully lots of new somethings.

The Chicago Bears will stink.

New businesses will be created. Others will go out of business.

You will control your spending and savings decisions.

Cable news will try to scare you.

Groups of people will be at odds with other groups of people—some may lead to conflict or the continuation of existing conflict.

Charity and kindness will continue pay huge dividends.

You will (hopefully) turn a year older.

You will meet new people.

There will be many surprises--our world is a surprising place.

I look forward to working together through whatever 2024 has in store for us all. Wishing you a happy, healthy, and prosperous New Year!