PriyaPatelTLDR:
- Investors should pay attention to a range of trends in 2024, including geopolitical risk, financial services, meme stocks, and interest rates.
- Looking back at 2023, predictions about inflation, crypto, and college sports were partially accurate.
Key predictions for 2024 include:
- Meme stock mania will continue with the Reddit crowd pushing troubled stocks.
- Businesses will need to include China in long-term strategies and be aware of its economic power.
- Geopolitical risks are high with ongoing crises in Russia, Ukraine, Israel, and North Korea.
- A mild downturn or soft landing is more likely than a major recession, with inflation continuing to affect middle- and working-class Americans.
- The technology sector is expected to lead the markets, and financial services could see strong growth.
- The Power Five conferences in college football may break away from the NCAA and unionization is coming to college sports.
