I spent about 30 years as a syndicated TV news reporter, and for about 15 of those years, I had an annual ritual.

Every December, I'd hit the streets with a videographer, stop random people and ask them the following three questions.
What percentage do you think stocks will go up or down next year?
What do you think the cost of a barrel of oil will be this time next year?
What do you think housing prices will do in the coming year?

After I recorded answers from average folks on the sidewalk, I got answers to the same questions from Wall Street experts: the highly paid prognosticators employed by the biggest financial firms on the planet.

So, who do you think was right more often? People who barely knew the stock market, or people who earn 7 figures to make accurate financial predictions?

As it turns out, experts in stocks, oil and real estate tended to do slightly better than average people on the street. But the key word in that sentence was "slightly." There were many answers from many amateurs over the years that proved far more accurate than those of the pros.

This should come as no surprise. The world is a complicated place with infinite variables. Things happen all the time that nobody, even experts, can possibly see coming. (Recent example: Covid-19.)

But despite the fact that there's no way to reliably predict the future, that doesn't stop us from trying. Me, you and the experts on Wall Street: We can't plan if we can't at least try to guess what's ahead.

And that's what this week's "Money!" podcast is about. We're going to make some educated guesses about what's ahead for you and your money. As usual, my co-host will be financial journalist Miranda Marquit. Listening in and sometimes contributing is producer and novice investor Aaron Freeman. And this week, we have a special guest: Joe Saul See-hi of the legendary podcast Stacking Benjamins.

Want more information? Check out these resources:
Zillow's Hot Housing Takes for 2022
Kiplinger: Where to Invest in 2022
Fortune: Where the housing market is going in 2022 as told by 7 leading forecast models
Forbes: The Economic Outlook For 2022 Will Be Impacted By Supply Chain And Labor Issues
Forbes: No Recession In 2022—But Watch Out In 2023
Goldman Sachs: Outlook 2022: The Long Road to Higher Rates
gov: The U.S. economy to 2022: settling into a new normal
Bloomberg: Goldman Expects U.S. Economic Growth to Slow Sharply Next Year
Barron's: What's Ahead for Crypto? 3 Themes and Stocks to Watch.
Yahoo: Cryptocurrency Predictions for 2022
Institutional Investor: What's Next for Crypto? Here Are 10 Predictions
Investopedia: What to Watch in 2022
Yahoo: Stock market 2022: Wall Street strikes a cautious tone
com: Will Home Prices and Rents Finally Fall? Our Bold Predictions on Real Estate in 2022
Yahoo: Wall Street's 2022 outlook for stocks
Goldman Sachs: Outlook 2022: The Long Road to Higher Rates
To see Stacy's stocks, click here
Subscribe to the Money Talks News newsletter
Take our course The Only Retirement Guide You'll Ever Need
Take our course Money Made Simple
Miranda Marquit's website

I spent about 30 years as a syndicated TV news reporter, and for about 15 of those years, I had an annual ritual.
Every December, I'd hit the streets with a videographer, stop random people and ask them the following three questions.
<ul>
<li>What percentage do you think stocks will go up or down next year?</li>
<li>What do you think the cost of a barrel of oil will be this time next year?</li>
<li>What do you think housing prices will do in the coming year?</li>
</ul>
After I recorded answers from average folks on the sidewalk, I got answers to the same questions from Wall Street experts: the highly paid prognosticators employed by the biggest financial firms on the planet.
So, who do you think was right more often? People who barely knew the stock market, or people who earn 7 figures to make accurate financial predictions?
As it turns out, experts in stocks, oil and real estate tended to do slightly better than average people on the street. But the key word in that sentence was "slightly." There were many answers from many amateurs over the years that proved far more accurate than those of the pros.
This should come as no surprise. The world is a complicated place with infinite variables. Things happen all the time that nobody, even experts, can possibly see coming. (Recent example: Covid-19.)
But despite the fact that there's no way to reliably predict the future, that doesn't stop us from trying. Me, you and the experts on Wall Street: We can't plan if we can't at least try to guess what's ahead.
And that's what this week's <a href="https://www.moneytalksnews.com/podcasts/">"Money!" podcast</a> is about. We're going to make some educated guesses about what's ahead for you and your money.&nbsp;As usual, my co-host will be financial journalist <a href="https://www.moneytalksnews.com/author/mirandamarquit/">Miranda Marquit</a>. Listening in and sometimes contributing is producer and novice investor <a href="https://www.moneytalksnews.com/author/aaronfreeman/">Aaron Freeman</a>. And this week, we have a special guest: Joe Saul See-hi of the legendary podcast <a href="https://www.stackingbenjamins.com/">Stacking Benjamins</a>.
Want more information? Check out these resources:
<ul>
<li><a href="https://www.zillow.com/research/zillow-2022-housing-predictions-30394/">Zillow's Hot Housing Takes for 2022</a></li>
<li>Kiplinger: <a href="https://www.kiplinger.com/investing/stocks/stocks-to-buy/603814/where-to-invest-in-2022">Where to Invest in 2022</a></li>
<li>Fortune: <a href="https://fortune.com/2021/11/29/housing-market-real-estate-predictions-2022-forecast/">Where the housing market is going in 2022 as told by 7 leading forecast models</a></li>
<li>Forbes: <a href="https://www.forbes.com/sites/stevebanker/2021/11/03/the-economic-outlook-for-2022-will-be-impacted-by-supply-chain-and-labor-issues/">The Economic Outlook For 2022 Will Be Impacted By Supply Chain And Labor Issues</a></li>
<li>Forbes: <a href="https://www.forbes.com/sites/billconerly/2021/11/02/no-recession-in-2022-but-watch-out-in-2023/">No Recession In 2022&mdash;But Watch Out In 2023</a></li>
<li>Goldman Sachs: <a href="https://www.goldmansachs.com/insights/pages/gs-research/gs-macro-outlook-2022/gs-macro-outlook-2022-the-long-road-to-higher-rates.pdf">Outlook 2022: The Long Road to Higher Rates</a></li>
<li>gov: <a href="https://www.bls.gov/opub/mlr/2013/article/the-u-s-economy-to-2022-settling-into-a-new-normal.htm">The U.S. economy to 2022: settling into a new normal</a></li>
<li>Bloomberg: <a href="https://www.bloomberg.com/news/articles/2021-07-26/goldman-expects-u-s-economic-growth-to-slow-sharply-next-year">Goldman Expects U.S. Economic Growth to Slow Sharply Next Year</a></li>
<li>Barron's: <a href="https://www.barrons.com/articles/bitcoin-crypto-stocks-themes-stocks-metaverse-51638378754">What's Ahead for Crypto? 3 Themes and Stocks to Watch</a>.</li>
<li>Yahoo: <a href="https://www.yahoo.com/now/cryptocurrency-predictions-2022-130013890.html">Cryptocurrency Predictions for 2022</a></li>
<li>Institutional Investor: <a href="https://www.institutionalinvestor.com/article/b1t8zxhsszwzff/What-s-Next-for-Crypto-Here-Are-10-Predictions">What's Next for Crypto? Here Are 10 Predictions</a></li>
<li>Investopedia: <a href="https://www.investopedia.com/what-to-watch-in-2022-5208012">What to Watch in 2022</a></li>
<li>Yahoo: <a href="https://news.yahoo.com/stock-market-equity-outlook-2022-193659328.html">Stock market 2022: Wall Street strikes a cautious tone</a></li>
<li>com: <a href="https://www.realtor.com/news/trends/what-to-expect-in-2022-housing-market/">Will Home Prices and Rents Finally Fall? Our Bold Predictions on Real Estate in 2022</a></li>
<li>Yahoo: <a href="https://finance.yahoo.com/news/wall-streets-2022-outlook-for-stocks-153935831.html">Wall Street's 2022 outlook for stocks</a></li>
<li>Goldman Sachs: <a href="https://www.goldmansachs.com/insights/pages/outlook-2022-the-long-road-to-higher-rates.html">Outlook 2022: The Long Road to Higher Rates</a></li>
<li><a href="https://docs.google.com/spreadsheets/d/1h09OsyC3tPHYoSxJEsmo97mciSKfA1w3IbsDRCWMLpQ/edit?usp=sharing">To see Stacy's stocks, click here</a></li>
<li>Subscribe to the <a href="https://www.moneytalksnews.com/#newsletter">Money Talks News newsletter</a></li>
<li>Take our course&nbsp;<a href="https://unb.moneytalksnews.com/retirement-guide/">The Only Retirement Guide You'll Ever Need</a></li>
<li>Take our course&nbsp;<a href="https://www.moneytalksnews.com/courses/money-made-simple/">Money Made Simple</a></li>
<li><a href="http://mirandamarquit.com/">Miranda Marquit's website</a></li>
</ul>

Welcome to Stacy Johnson's "Money!" A podcast devoted to everything money: how to get it, how to grow it and how to keep it. From the creators of MoneyTalksNews.com, a leading source of personal finance news and advice since 1991.

Money! with Stacy Johnson

Top Money Predictions for 2022

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