2024 Specific Apolitical Predictions Thread... (for you psychotics)..

The charts project the Dow headed below 20,000. That's a 50% drop.
ShadowStats shows that unemployment hasn't dropped below 20% since 2008, or around 16 years.
Tech has already announced big layoffs for 2024.
This is not your typical correction. We're looking at near Great Recession unemployment and food prices that most people can't afford.

When Ben Bernanke was asked why banks are buying up all the gold at $2000 an oz, he said they're foolish because gold is worthless. What is Bernanke trying to hide?
I remember the Great Recession of 2024. I couldn't even find a chicken egg the entire year.
 
Nobody willing to go out on a limb and predict something that isn't political for this year?

The real estate market will run down, and Republicans will fall all over themselves bailing out banks and reits again, while demanding food stamps be eliminated and further criminalization of homelessness. They can't help themselves, which is why they will probably lose a few more House seats and and a couple of Senate seats.

On the other hand, Democrats are pretty stupid, and their running that idiot for Mayor in NYC might reverse that.

So, the contest to snatch defeat from the jaws of victory rolls on for both Parties.
 
(or is that psychics?)

Anyway. I'll take the first foray...

Caren Marsh Doll (born 1919, she was Judy Garland's stand in during filming of the Wizard of Oz)... will die this year.
There's only 6 months left in this year, so I'm going to say that in one year's time - driverless vehicles will take over 1/3 of the share of the entire shared-ride market. Sorry, Uber and Lyft!
 
Nobody willing to go out on a limb and predict something that isn't political for this year?
Migration from laptops to phone apps will be even more of a thing as phones get smarter and faster. For most white-collar working people better/faster handheld devices will dominate mobile computing AND gaming (an app on your phone will control the game you're playing on the big-screen).

Laptops will still exist but will be used mostly for authors and screenplay writers.
 
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I don't know if it's political or not, but I suspect there's going to be a recession or worse in the U.S. in 2024. Here's an article from February from Business Insider that also believes that a U.S. recession this year is very likely:

The US now has an 85% chance of recession in 2024, the highest probability since the Great Financial Crisis, economist David Rosenberg says | Business Insider

A little more digging and I found an article with the same general theme from Business Insider published -today-:

Nearly everyone has given up on their recession call, and that makes the outlook 'dangerously reminiscent' of 2007, SocGen says | Business Insider

From the last linked article:

**
"The simple fact is that record highs in the equity market have buoyed the economic narrative. Yet despite one or two key data points coming in surprisingly robust — particularly non-farm payrolls and GDP — much else has looked frail," Edwards said in a note on Wednesday. "All this is (dangerously) reminiscent of 2007, when all around were telling me I was wrong and should give up calling that much-delayed recession," he later added.

Edwards was among the strategists who foresaw the dot-com crash in the early 2000s and the bursting of the bubble that kicked off the Great Financial Crisis.

**

There's also Warren Buffet's cashing in of a lot of his stocks as detailed in the following article from the end of February:

Warren Buffett's $168 billion cash pile signals he expects stocks to slide and a recession to strike, says top economist Steve Hanke | Business Insider
Yeah - that is political. And the push back I get from trump's cult is, "the forecasters are partisan". Even if there is a recession during trump's current term his cult will buy the lie that it's "Biden's fault" or might even deny it's happening at all! I guarantee it!
 
The charts project the Dow headed below 20,000. That's a 50% drop.
ShadowStats shows that unemployment hasn't dropped below 20% since 2008, or around 16 years.
Tech has already announced big layoffs for 2024.
This is not your typical correction. We're looking at near Great Recession unemployment and food prices that most people can't afford.

When Ben Bernanke was asked why banks are buying up all the gold at $2000 an oz, he said they're foolish because gold is worthless. What is Bernanke trying to hide?
Not a fucking chance you've lost your fucking mind. Unless there is a worldwide DEPRESSION the Dow will keep rising and people will still be getting richer on paper.
 
electric cars will not sell well.....
Ooooh, I'm gonna have to go ahead and disagree with you there, co-chese. I work for a company where I and 20,000 other people worldwide drive company-provided vehicles. I have just been ordered to order a EV SUV. I will, but I don't want to - not because I don't believe in EV's but because I'm fine with the ICE vehicle I have, it drives like a dream, gets 35mpg+ and I just don't want to hassle with switching vehicles!

Anyway - the reason I brought that up is because my organization not the only group growing the EV market. There are other companies with company vehicle fleets like mine with the same initiative. Also, I used to sell Fords and Ford has an initiative to go full EV by 2030. I think I heard that about GM as well.
 
Ahem - what about Arizona, senor? LOL!
We speak two languages here: Spanglish and Zonie.

"Where do you live?"

Me? In the 'Zone!"

2h0ije.jpg


This is why we're famous for our beautiful, psychedelic, sunsets...
 
I can believe that! California is always wasting tax dollars by putting them where they are totally not needed.
Yeah, they're the world's 4th largest economy. The phone most people are using and most other modern electronics and tools in use in the entire world were likely invented and developed there.

Sux to be them :)
 
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