2024 Predictions on Small Value, Oil, Gold, $SPY & $BTC

During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Brewster discussed 2024 Predictions. Here’s an excerpt from the episode:

Jake: All right. I guess closing value of the Dow Jones Industrial Average in one year’s time.

Tobias: What are we at now? $3,600?

Bill: Where are we at today?

Jake: Yeah, we’re–

Bill: $3,757 is what I have. No. Or, $37,500? [crosstalk]

Tobias: That’s where we are at now?

Jake: That’s right.

Tobias: Is that your prediction or is that where we are now?

Bill: No, that’s where we are today. I’m trying to help you out, Toby. Geez.

Jake: Yeah, $37, 500. Let’s call it for reference today.

Bill: All right. It looks like in election years, the average return [Jake laughs] is 11.3%. I’m going to go a little under that. So I’ll go right around– I’ll go $40,500.

Jake: All right. I like the reasoning. Toby?

Tobias: I’ll take $37,500.

Jake: Mm. Stands on that.

Bill: Unch?

Tobias: I’ll take unch.

Jake: Unch. [laughs] Ah Boy, I feel like I need to bet the under a little bit just for– Although I do agree with Bill’s– [crosstalk]

Bill: Both go $1 above, man. Do it. It’s okay. It’s a game show.

Tobias: Well, split Billy and I. Split Billy and I

Jake: I’m going to actually take whatever -5% is. I’ll calculate that later, all right?

Bill: I’ll note for the record that Jake is reluctantly doing this and going against what he wants to do.

Tobias: What you going to do? What do you want to?

Jake: No, no.

Bill: All right? Okay.

Jake: No. I like Bill’s reasoning that election years, you pull out all the stops. There’s going to be you jam, control P as much as you can, right? But maybe that doesn’t go anywhere. That’s my thesis.

Tobias: I want $1 under 5%.

Jake: [laughs] Sorry, you already locked in.

Tobias: Ahhh.

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2024 Predictions on Small Value, Oil, Gold, $SPY & $BTC

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