Counter-Predictions on Scott Galloway’s 2024 Predictions
Note: I hope I’m not infringing on copyright — I’m referencing Professor Scott Galloway’s article on 2024 Predictions and offering my comments. Scott Galloway
Let me begin by saying I’m a big fan of ProfG and Scott Galloway. I’m not in ProfG’s target audience (young men) I’m a 62 year old teenager. Scott brings a wealth of insight on business, macroeconomics, politics and the human race, and is bold enough to form his own ideas about trends and statistics and what is ailing our society as well as what is going extremely well. I disagree with Scott on a few issues but greatly appreciate his ideas.
So let’s explore Scott’s predictions and I’ll offer my comments.
US inflation drops below the fed’s 2.5%
No, I don’t think this will happen. However I agree with Scott that inflation will come down, also bringing down the mortgage rate. My prediction: 3.5%
Housing sales boom.
Scott believes the drop in interest rates will trigger an avalanche of buyers including first time buyers. I believe the housing prices will drop slightly, especially in big blue bubble metros where rent and home prices are high. The avalanche of new sellers…
