Expert: Andrew Brown - Review of 2024 and his Bold Predictions

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Dec 2, 2024

In this insightful discussion, Andrew Brown, Executive Director of East 72 Holdings and renowned for his market predictions, reviews his forecasts for 2024. He dives into the impact of inflation and interest rates on the economy. Andrew shares thoughts on investment opportunities in gold, oil, and stock market indexes, revealing what's overvalued. The conversation also touches on political figures like Donald Trump and Elon Musk, and explores big themes including the business of sport and the rise of artificial intelligence.

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INSIGHT

Inflation and Bond Yields

US inflation fell into the twos in 2024, as predicted due to the base effect.
However, bond yields didn't fall below 3% because of the US budget deficit.

INSIGHT

Magnificent Seven Fragmentation

The Magnificent Seven tech companies' stock performance diverged significantly in 2024.
Some, like NVIDIA and Tesla, saw substantial growth, while Microsoft's growth was modest.

ANECDOTE

Elon Musk and Tesla

Andrew Brown predicted Elon Musk would leave Tesla, but he remains.
Musk's involvement with the US president is impacting Tesla's innovation.

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Andrew Brown is Executive Director of East 72 Holdings.

Every year we book-end the year with Andrew's bold predictions. As we get to the end of 2024, Andrew joined us in the studio to review the 15 predictions he made at the start of the year. Tune in to hear how he went.

We review the year that was and unpack:

The macro: inflation, interest rates and where to next
Investment opportunities: Gold, oil, stock market indexes and what is looking overvalued?
The people: Donald Trump, Elon Musk and so much more
The big themes: The business of sport, the decline of traditional media and artificial intelligence

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