My predictions from a year ago for end of year, 2025:
Dow Jones 45169
S and P 6275
NASDAQ 22530
Unemployed 5.2%
Microsoft 440
Texas Crude Oil 90
CPI 3%
Actual numbers for end of 2025:
Dow Jones 48063
S and P 6845.5
NASDAQ 23242
Unemployed 4.6%
Microsoft 483.62
Texas Crude Oil 57.46
CPI 2.7%
Predicted numbers for end of 2026:
Dow Jones 50000
S and P 7200
NASDAQ 25000
Unemployed 5%
Microsoft 500
Texas Crude Oil 70
CPI 4%
This coming year, I predict a downturn in the market due to reappraisal of AI in the spring, followed by a mild revival by the end of the year. Trump will have a bad year, first with the Supreme Court, then with overwhelming victories by the Democratic party in both houses of Congress. As the year concludes, Trump will have resigned, ostensibly for health reasons, and the president will be JD Vance. The Ukraine war will continue.
The Eagles will be in the playoffs but not the Superbowl. Tariffs will stay with us as the Democrats discover in future years that it provides income for programs they want without the political consequences of having to increase the regular income tax.
Happy New Year!

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