01/4/24

Predictions 2024

Here is what is going to happen in 2024.

Economy

 1. The economy is going to be good to insanely good. Inflation will bottom out. Interest rates will begin to tail downward. The stock market is going to the moon — 42,000 by Christmas.

The next Federal Reserve moves will be interest rate cuts.

That Biden inflation? Baked into the cake and never coming out. US inflation rate 2.5% by Labor Day, maybe Thanksgiving.

 2. The electric vehicle hysteria will calm down and EVs will become something that will still happen, but at a more leisurely, realistic pace. Continue reading

01/1/24

CEO Shoptalk: Learn To Say Goodbye

If you aspire to be good at anything, to really excel — including as a CEO — then you better learn how to say “Goodbye, y’all,” as you will be saying it a lot.

Girl whispering to guy, “Look you’re cute as a Labrador puppy, and you have great utility, but I have places to go and people to meet on the road to excellence, so this is goodbye, stud muffin.”

Think of excellence as being a mountain. As you near the top, the air is rarified, the pathway more treacherous, the successful climbers fewer, and that is life. As my billionaire pal Taylor Swift says, “Deal.”

“Whoa, whoa, whoa, Big Red Car — you are no pal of mine, you lying bucket of bolts.”

Come on, babe, play along. You’re making me look bad here.

Continue reading

01/1/24

Artificial Intelligence Will Eat Jobs

And, so it begins with the announcement by Google (they want y’all to call them “Alphabet” but I refuse to comply) of its elimination of 30,000 jobs on the heels of a previous reduction of 12,000 jobs.These jobs are being eaten by artificial intelligence. Google is quick to explain it is not just because they can eliminate jobs due to the implementation of artificial intelligence within their own processes, but also because they are refocusing their attention on AI and therefore throwing other initiatives overboard. Continue reading