Ruses, risks and real threats for 2024

SURPRISES sway stocks the most – positively and negatively.

While I envision double-digit stock market gains in 2024, bears cannot believe it – pointing to tired 2023 scare stories plus newer, heavily discussed fears such as Gaza/Israel.

But no. Markets pre-price widely watched worries fast.

Anyone who would sell on global central bank wiggles, Western inflation, tragic wars, a weak China hitting Singapore’s trade, recession fear – and more – likely did so long ago. Stocks reflect those fears.

Real risks must be big, economically significant events that few fathom – stealth torpedoes unpriced by markets. I highlighted some last March. Thankfully, none struck … yet.

While I am bullish,…