Predictions for 2023
After learning to live with the totally unexpected in 2022, Luckbox Magazine makes its annual outlier forecasts for another wild ride
FINANCIAL MARKETS AND THE ECONOMY
Janet Yellen steps down as treasury secretary as inflation remains stubbornly elevated. Concerns arise that the Federal Reserve may need to tolerate 4% to 5% inflation in the coming years. The U.S. runs a massive deficit again. Inflation sits north of 4%. The dollar remains one of the top-performing assets.
Tensions between the superpowers escalate because of the Biden administration’s decision to restrict China from importing advanced U.S. semiconductors. China moves on Taiwan.
Russia and Ukraine strike a peace deal. Russia annexes Crimea, and Kyiv declares...
