"Forecasting 2024: Expert Insights and Predicted Headlines"

1 min read
Source: The Irrelevant Investor
"Forecasting 2024: Expert Insights and Predicted Headlines"
Photo: The Irrelevant Investor
TL;DR Summary

The Irrelevant Investor shares ten predictions for 2024, emphasizing the unpredictability and educational value of such forecasts. Predictions include no consolidation in media/streamers, Apple being replaced by Netflix in the "magnificent 7," Amazon's stock gaining over 25%, Microsoft reaching a $4 trillion market cap, and Robinhood being acquired. Other forecasts involve money remaining in money market funds, inflation hitting the Fed's target, an economic overheating, a "vibecovery" beginning, no recession with stocks gaining 20%, and Bitcoin reaching $100k. The author acknowledges the likelihood of something unexpected rendering many predictions obsolete and encourages readers to make their own predictions as a learning exercise.

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