Based on the hundreds of predictions we analyzed, the general mood can be described as cautiously optimistic:
- the global economy will likely keep growing, but not at the rate it did in 2021,
- monetary policy will begin to tighten over the next 12 months,
- an era of lower equity returns and increased volatility will continue as many of the issues that plagued 2021 have carried over into 2022,
- technological disruptions will continues to reshape industries,
- climate change and cybersecurity issues will continue to be top of mind,
- geopolitical tensions will heat up as well, now that countries have acclimated to the immediate challenges posed by the pandemic,
- China will have a rocky start to 2022 with pessimism around China’s zero-COVID strategy, uncertainty around power shortages, a potential housing crisis, and regulatory crackdowns, and if the country is still on uncertain footing when the Chinese Communist Party’s 20th National Party Congress meets later in the year, , it could create a tense political atmosphere in Beijing,
- the labor shortages that emerged during the pandemic will remain in place in 2022 and beyond, companies that don’t offer flexibility will face a disadvantage in attracting talent and individuals will look to the internet and social media for careers beyond simply working for a company,
- we’ll be hearing a lot more about NFTs and Web3 with the prospects of the burgeoning “Creator Economy” – a catch-all term describing the new technological ecosystem and growing infrastructure – allowing individual content creators to monetize and flourish,
- the ability to purchase products straight from influencers is becoming more common on major social platforms, and ecommerce companies are creating more products to support influencers in their marketing endeavors
- experts expect higher-than-normal inflation levels to continue see it leveling off (relative to 2021) as supply chain disruptions work themselves out,
- regulatory actions will force automakers to consider the future of their fossil-fuel models as EV sales set new records and the electrification of fleets will gather momentum,
- industrial and battery metals like lithium and cobalt will continue to surge into 2022.
The above version of the original article by Nick Routley of visualcapitalist.com was edited for a faster and easier read.
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