7 Macro Predictions for 2023

1 — Tik Tok gets banned in the US 📱 ❌

I believe this is on the cards, as we’ve recently seen the app banned in all US House of Representative devices. Signalling a clamp down on the attention grabbing content and algorithms, which have burned trust through numerous data breaches. If it was to happen, millions of daily users would be very ‘ticked’ off, but i’m sure would then flock to Instagram Reels or Youtube Shorts.

In saying that, Tik Tok is also making plenty of concessions by paying US government fines for data breaches and and setting up US data centres to store user information. It looks as though they’ll pay their way to continue to operate in the States.

2 — Stocks still have more to drop till Q3/Q4 next year when recovery slowly starts, ASX200 holds 📉📈

The ever prevalent recession seems to be forecast as mild in all leading financial projections, particularly in the US, so I think it will touch on it and then slowly recover.

3 — Musk starts Human trials of Neuralink which gets bad press and set it back further 🧠

We know that animal trials took place this year and Musk signalled the start of the first human ones very soon. I think similar to the animal trials there will be leaks of bad responses and then backlash will kick in. Though I still think it’ll get integrated into society over time.

4 — Russia and Ukraine come to a truce but by then a clear East/West divide of political governance is created, starting a more bipolar financial and political world (BRICS VS NATO) ⚠️

Countries have been buying gas from Russia in Rubles including big nations like India and China, which will certainly further antagonise and create friction with the US global currency hegemony. I expect this to continue. Saudi Arabia reduced the supply of oil significantly in October of last year, as a display of siding with Russia in the face of EU sanctions and the US were not impressed. The West, the Five Eyes and NATO are always aligned economically, culturally and politically and will continue to be so.

5 — Interest rates stay stagnant till Q3 then slowly drop 📊

I do hope they’ll drop sooner, but rates may go up slightly if not stay the same and the start to slowly drop, in which case there’ll be an asset grab again, but I think it’ll be a slow burn.

6 — Digital ID system and CBDC’s start getting rolled out,1 more major crypto company crashes, ETH goes lower BTC holds 🔐🪪

CBDC’s are being trialled around the world including China, Nigeria (who haven’t had high rates of adoption) and Singapore to name a few. Australia are trialling its use case with existing businesses, though the current crash may have set it back. While the ASX has canned their blockchain integration attempt, I think it’s far too beneficial for government oversight of spending and will push forward.

7 — Migration significantly opens up in Australia saving the housing market from any catastrophic drops ✈️

I think politicians will step in either way and again it’s closely tied to interest rates. Demand is still high and many haven’t deployed cash yet, so once rates drop I think there will be a money grab and spike in prices again, as tipped by some leading real estate agents. Migration will be the fall back with 139k more people coming from July this year to July 2023.

Let’s see what the year has in store!