01/1/23

Predictions 2022 Scorecard

Before I publish my 2023 predictions, let’s put a red pen to how the Big Red Car did in 2022, shall we?

Economy

The economy, in general, will be a mixed bag filled with dangerous sharp-edged objects that will require careful and cautious handling. CORRECT

 1. GDP growth will be consistently lower than 2% for the entire year. The post-Pandemic Dead Cat Bounce is over. CORRECT

We will print two quarters at ZERO growth and it will feel like we have an ulcer, a bleeding ulcer, but tech will continue to roll up impressive gains. CORRECT/WRONG

Be long QQQ or TQQQ <<< no, Hell no, don’t take investment advice from a bloody car. You’re smarter than that. WRONG Continue reading