Last year we made a list of 4 stock market predictions. Investment Stab 2021 Stock Market Predictions So we will first review our predictions, then go over our 2022 predictions.
Review of 2021 Stock Market Predictions 1. US Stock Market Will End 2021 Higher (Correct) The US stock market, represented most accurately by the S&P500, posted a total return of 28.7% for the year 2021. The majority of that gain was from the increase in the index price, rising from $3764 to $4766.
2. STI to Stay Flat for the Year (Wrong) The Straits Times Index (STI) returned 9.7% in price appreciation, meaning a more than 10% total return if we were to include dividends. That's anything but flat. So we are wrong on this one.
3. Air Travel Will Recover (Wrong) Well, we did not expect Omicron at the start of 2021, so I guess we got...