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
_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.