Crystaltime - ball December 2021

[Steve Mandelbaum]

My attempt at a Click Bait title.

Ok, it's time to make a prediction for next year.  What will the world be like in a year from today? 12/13/2021.  It's time to put it down in writing.  

All topics are open... 

Best Case / Worst Case:

Corona Virus?

Real Estate Values?

Rent?

Economy?

GDP?

Interest Rates? 

Stock Market?

Social Unrest? 

My Predictions:

Overall, the economy will stumble a little as the training wheels come off and the country gets back to work.  Which leads to a strong economy in 2022.

Corona - Will be nothing more than an annoyance for the US.  Multiple vaccines will be online.  

Real Estate Values?  Stable with an increased deal volume.  Inventory will come from foreclosures, excess housing as a result of Greatest Generation changes in living arrangements.

Rent?  Will continue to increase even with rising in eviction post moratorium. 

Economy?  Stumble then end the year on an uptick 

GDP? 3.0. It will be based on the economy getting back to work.

Interest Rates?  Fed will not change anything for fear of worsening the economy

Stock Market?  Close the year at 23,000.  We are in for a wild ride.  The fed will stop buying and companies will need to start competing again on earnings and innovation.