From global supply chain issues to new COVID variants, a lot has happened in 2021 that’s impacted our economy. But rather than look back at 2021, let’s take a quick look at what economists are predicting for 2022.

The main thing most economists agree on is that inflation will be sticking around for a bit.

Goldman Sachs economists warned that pandemic-induced disruptions in the global supply could last longer than expected, adding that inflation will likely get worse before it gets better.

However, President and Managing Director of The Wealth Alliance, Eric Diton, believes 2022 will be a “transition towards normalcy.”

He told NBC News, “It means the global economy is going to continue to grow but not nearly at the rates that we saw in 2021. It means that inflation will still be stubborn — but going into the latter part of 2022, I think we’re going to solve a lot of those supply chain and employment issues.”

According to Hennion (HEN-YAN) & Walsh, investors should be wary of two things that could have a significant impact on the economy next year: The Omicron variant and what Fed officials will/will not do.

As for the pandemic, there’s been much back and forth and on what will and won’t happen will COVID and the new variants.

However, Ian Shepherdson, the chief economist for Pantheon Macroeconomics, has warned, “The early part of 2022 likely will see another temporary slowdown in economic growth as rocketing omicron cases hit the discretionary services sector.”

As for gold, Credit Suisse is optimistic about prices even as the Fed plans to raise interest rates three times.

Analysts predict the yellow metal will average around $1,850 an ounce for 2022.

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