Stock Market Predictions for 2022

2021 is in the books. Below are the actual results from 21 and a % difference between my guess and actual. And of course, my prediction for the end of 2022. I was pretty close on the Nasdaq, and I was a lot closer on the Dow at the start of December than how it ended up. A couple of points to make about my predictions (commentary, if you will…). First, I think there is a market buy off coming in the spring/summer of 22. 2022 is also an election year, and I’m guessing that the stock market will recover from a trough in the fall due to a change in power due in the House and Senate (not an expression of a political point, just my prediction of what I think is going to happen) and a predictable market revival when the R party assumes power. The increase in interest rates is already baked into the market to start in January, but I think when it actually does happen, it will bring a shock to the system that will lead to the market decline noted above. I think the big lever on all of this is whether there will be a new variant that is vaccine resistant. I’m not going to make a prediction on that, but I’ve had enough of Delta and Omicron.