2024-01-02 17:45:26 ET
Summary
- Bitcoin is predicted to reach $100,000 with ETF approvals and increased adoption.
- The stock market is unlikely to experience a crash, with valuations expected to expand.
- Small caps are expected to outperform the S&P 500, driven by loosening liquidity and compressed valuations.
- There won't be a recession in the U.S. in 2024, rather, we see the teased soft landing.
- The commercial real estate mess will only result in a banking mini-crisis that the Fed fixes quickly with rate cuts, dialing down QT, and a "special facility" (don't call it QE).
'Tis the season for predictions, so here are my top two dozen thoughts on 2024. Formerly a very heavy prose piece under the "Futile Forecast" moniker, I decided to have a bit more fun with it this year.
I will come at this with a bullet point approach and keep it short, but these are topics I will expand on in upcoming articles. Have some fun with it and let me know your thoughts in the comments.
Bitcoin Will Hit $100,000
For further details see:
24 Things That Will Absolutely Happen In 2024 (Or Not)