What A Difference A Year Makes -- January 1, 2024

Locator: 46439ECON.

Last year, link here. At the end of the day, Jamie Dimon is still a banker.

Link here.

Economy:

• Unemployment: Table A-15:  

 US GDP, 2023:

Most unanticipated big story of the year, 2023: the implosion of EVs for legacy automobile manufacturers -- Ford, GM, Stellantis. Some doubt they will recover before the end of the decade.

Most concerning investment story for BRK in 2024: four more quarters of decreasing revenue for Apple (AAPL) through 2024:

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Polar Plunge Preparation
Dino State Park

Eighth annual Dino Dive -- "polar plunge." Dinosaur Valley State Park, Texas.

Foreign Exchange Reserves -- Saudi Arabia, Russia; Venezuela GDP -- Januuary 1, 2024

Locator: 46438SAUDI.

Saudi Arabia: pending.

Russia: link here.

Venezuela: the rise and fall of a petrostate, Council on Foreign Affairs, December 22, 2023.

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New Year Eve's Dinner

Cornish hen on a bed of rosemary and thyme.