Let's make this a very Happy New Year!
Some things are outside of our personal spheres of influence but those that are within it should be fashioned to make it a good year. That includes financial and other life factors like having a strong family, good health, and preparedness for events both predicted and unpredicted.
The big picture seems to indicate a market drop in early 2025 which gives Trump some cover to blame Biden. After that, Trump will begin his reshaping of things to come and a return to a more sensible America First with less wokeisms.
My short list of actions for 2025 includes staying out of the stock market, holding short term Treasuries and for those who have the desire, being short the SP 500 or other favorite Index. I use SPXU which is a 3X leverage Short SP 500 ETF…it's liquid so you can get out with a mouse click. Holding cash is OK but inflation returning will debase its purchasing power going forward.
Stay out of RE for now but cash will help pick up bargains after a shake out. Give that time and keep powder dry.
On the social front, even though Trump will help regain sense, their could be unrest from those who oppose his efforts. Another attempt on his life is not at all out of the question. Hopefully, Trump will broker peace in Ukraine and I expect him to continue support for Israel. Remember, in his first term there were no new wars. DOGE might make some progress but I do not expect a lot other than recommendations. Congress just is too corrupt and representing the Citizenry takes a backseat to graft.
Stay bright, the new year will be bumpy but if you maintain your wealth by hedging with some Gold and Silver you'll have a seat at the table of any new era.
Best to All.
Donn Marier
DM-Your Own CFO