I used to make predictions every year. Covid was such a disruption that I finally just waved the white flag and gave up. But, now I’m ready to give it one more shot. The 2023 predictions:
_1 The Ukraine-Russia conflict gets resolved. Probably before the end of March. Russia gets something out of it and the world agrees that Russia did not lose the war (even if they did.)
_2 With the Ukraine-Russia situation settled world energy markets calm down and the European economy starts a slow recovery. 2023 will not be great and we will have a recession. But it won’t be very deep nor will it last long. Inflation eases up.
_3 The 2024 Presidential campaign is in full swing by the second half of the year. The Democrats are stuck with Biden/Harris and the Republicans try to figure out how to make Trump go away. I predict Trump does indeed fade out. Barring a scandal of some sort, DeSantis is the favorite going into 2024.
_4 The Stock Market surges in the second half of 2023.
_5 2023 will be a big year for M&A activity, especially in transportation/logistics and food/grocery.
_6 Georgia repeats as college football national champs. Kansas City wins the Super Bowl.
_7 As evidence mounts that Covid originated in a Chinese lab, the “Covid Story” goes away. Republicans will push it, but it will be to a dead end.
_8 There will be some Federal response, at last, to the border crisis. It has become a nasty loose end going into the 2024 elections and the Democrats recognize the need to do something.
_9 The United States, along with other Western industrialized nations, continues to move further to the left on climate, economic and social issues. Conservatives will object and continue to issue dire warnings. But the tide has turned and isn’t likely to change until there is some sort of cataclysmic event._10 And lastly, I have one prediction that is guaranteed to be correct: Expect the Unexpected.