Wealth Actually BEST/WORST of 2019 and Nostradamus-like PREDICTIONS for 2020: Haven (“Pundificator”) and Frazer (“Wealth, Actually”) take on 2019/2020.
Haven (https://pundificator.com/) and I (frazerrice.com) took on 2019/2020- here is a quick summary
FRAZER’S WINNERS:
Amazon- the category 5 hurricane in American Consumerism- AMZN continues to charge forward.
Kylie Jenner- She sold 51% of her company for $600mm to Coty- this could be the apex of influencer branding.
FRAZER’S LOSERS
The Federal Reserve- With the patina presidential intervention (and long term low rates), the independence of the institution is up for debate.
Online Privacy – Facebook, Google, Alexa Financial Institutions have called into question the public’s trust and opened the door to gov’t regulation.
(Extra Credit- I’m convinced that there will be a “Deepfake” incident that takes down a major public figure. When it turns out to be debunked (a la the movie “Rising Sun”), there will be a fundamental shift in the way people view the social media and the “trustworthiness” of video.
FRAZER’S PREDICTIONS
Nuclear Power will have a renewed place in the climate change debate
The Tokyo 2020 Olympics will shine a glaring light on the China/Hong Kong tensions
Marvel/Star Wars will take a big breather after a big and “climactic” 2019.
. . . And the Knicks will continue to break my heart. . .
HAVEN’S WINNERS
And Washington Sports in general
The Stock Market +29%
HAVEN’S LOSERS
Populism both Right and Left
Political Industrial Complex and their new challenges
HAVEN’S PREDICTIONS
Political Industry Makes a ton of money in 2020
Longer from Journalism may start to come back . . .
Rumsfeld- Knowing about the unknown unknowns will be even more important
AND, FINALLY, MY POOR KNICKS . . .
