My predictions for 2023

 Here were my predictions on conditions at the end of 2022 as made on New Year's Eve, 12 months ago:

Dow Jones         37650

S and P               5178

NASDAQ           17258

Unemployed        3.8%

Microsoft            365

Oil                       80

CPI                      3.9%    

The actual end of year as of today.

Dow Jones            33148         

S and P                  3839

NASDAQ            10466.5

Unemployed         3.7%

Microsoft              239.82

Texas Crude Oil    80.51

CPI                         6.1%

Like most of the world, I was caught with my pants down with regards to    predictions on inflation and the major declines in the market.

My prediction for December 31, 2023:

Dow Jones           36000

S and P                4500

NASDAQ           10800

Unemployed         5%

Microsoft             300

Texas Crude Oil    90

CPI                       5%

Historically, bad years in the market are usually followed by decent years. We will have a mild recession, but things will get better in the fall. Prices for hardware will go down but food prices will not diminish, only stop rising. The Eagles will be in the Super Bowl in January of 2023 but lose. They will not do as well in the fall.