Sunday, December 31, 2023

What Does the Economy Look Like in 2024? (Projections)

It appears by the projections offered by most economists that the U.S. is poised to have a descent 2024. There are some variabilities in their projections with most indicating a slowdown but still strong performing [Tip: If you reed all the major projections you will come to find what makes them similar and what makes them different.]. There are a few articles below you may want to consider reading. The financial industry often leads these analysis because they have a vest interesting in investment choices. Change in the economy and market impacts their choices greatly. 

[For my economic research purposes I am looking at whether this is the year we find a post-Covid homeostasis 23/24' transition of long term strategy, how much of the economy moved online, comparison of pre and post Covid "normal" and whether we should experience higher but steady growth in the years coming forward. You can not project events out of your control but you can say that if many more transactions move online, increase in such actions lead to value creation/GDP, and in turn creates a level of synergy/alignment with different root industries and infrastructure we may see some curving upward over the next 5 years as these elements adapt to each other. We can only make such projections in perfect fishbowl scenario as wishful thinking. Markets are variable and changing all the time so what we know today we may know something more later. As with everything, "or not" because one should continue to question one's own work.] 

Will the U.S. Economy Surprise Again 2024?





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