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The Young Investors Podcast
Revisiting Our 2024 Stock Market Predictions...
Dec 22, 2024
The hosts share lighthearted holiday anecdotes and debate the benefits of sleep-tracking rings. They humorously reflect on their past stock market predictions and the unpredictability of financial forecasts. The discussion includes the surprising rise of the S&P 500 and how political events shape market dynamics. They touch on a notable court case linked to cryptocurrency, mixing personal stories with financial insights. The conversation wraps up with playful banter about sleep tech and warm holiday greetings.
31:16
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Quick takeaways
- The hosts' inaccurate predictions highlighted the unpredictable nature of the stock market, with the S&P 500 unexpectedly surging by approximately 23.7%.
- Their analysis of economic conditions revealed a significant decline in inflation to around 2.75%, indicating an improvement contrary to earlier expectations.
Deep dives
2024 Stock Market Predictions Overview
The hosts revisit their predictions for the 2024 stock market, revealing significant inaccuracies in their forecasts. They predicted the S&P 500 would either rise or fall by less than 10%, yet it actually surged by approximately 23.7%. This stark difference highlights the unpredictability of the market, as they reflect on past performance which has often rebounded strongly in the wake of significant economic events. Additionally, the Australian stock market also outperformed expectations, with dividends playing an important role in overall returns.
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