ilmscore | Everything You've Missed on the Economy

Everything You've Missed on the Economy

Published: 2025-01-05
Status: Analyzed

Predictions from this Video

Total: 8
Correct: 2
Incorrect: 3
Pending: 3
Prediction
Topic
Status
Anti-immigration/far-right political parties are predicted to increasingly gain power across Europe and the US, but they will fail to fix the economy, prompting further shifts to the right over time.
"when these anti-immigration anti Foreigner political parties get into power and they increasingly will get into Power... they will fail to fix the economy... you will see more and more increasingly far right politicians getting into Power basically"
Global Politics & Economy
Correct
The Labour party's current 'sensible' economic plan will fail to deliver economic improvement, leading to their unpopularity within two to three years (by 2027-2028 from video date).
"Labour's economic plan... it will fail... we're not going to see economic Improvement... labor are going to fail on the economy and they'll be very unpopular in two or three years"
UK Politics & Economy
Pending
Living standards for ordinary people and the overall economy are predicted to continue to worsen.
"living standards will continue to fall... the economy will keep getting worse"
Economic Conditions
Incorrect
Gold and stock prices may not be higher in a year (from early 2025), potentially experiencing a slight pullback or moderation after recent rapid increases.
"gold prices and stock prices have gone up unbelievably hugely in the last few years... I couldn't tell you with confidence they'll be higher in a year's time just because when things go up that quickly they do tend to come back down a little bit"
Financial Markets
Incorrect
House prices are predicted to significantly increase in 2025 and will accelerate further once interest rates fall.
"the one thing which I think will really go this year is house prices... as soon as rates come down you're really going to start seeing house prices go"
Real Estate
Pending
Bank of England and Federal Reserve base rates are predicted to fall by an additional 0.75% to 1% within the next year or so (from early 2025).
"we'll probably another sort of 0.75% 1% come off Bank of England and and Federal Reserve US base rates in the next year or so"
Monetary Policy
Incorrect
Both interest rates and inflation are expected to decrease over a long period.
"with regards to interest rates and inflation these will both come down for a long time"
Macroeconomics
Pending
Economic inequality is predicted to continue to worsen.
"inequality is worsening it will keep getting worse"
Economic Inequality
Correct