- I expect a higher market in January because virtually all the current stock market fears are expected to diminish in January.
- Overall U.S. GDP growth is forecasted to grow at a nearly 6% annual pace in 2021 and 4% in 2022. The primary reason that the USD is strong is due to higher GDP growth as well as higher absolute interest rates than anything offered in Europe or Japan.
- A strong U.S. dollar will eventually help suppress inflationary pressure, since almost all commodities are priced in U.S. dollars.
- Asa result, it is hard to not be optimistic about 2022, since the U.S. is drivingglobal growth.
For further details see:
Be More Selective In Stocks Going Into 2022