2024: A Year of Economic Shifts, Political Drama, and Space Advancements

29/12/2024 4 min
2024: A Year of Economic Shifts, Political Drama, and Space Advancements

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Episode Synopsis

The year 2024 brought high inflation, soaring interest rates, and affordability challenges for consumers, with the Federal Reserve cutting rates for the first time in four years. The housing market struggled with high mortgage rates, while investors celebrated double-digit stock returns amid hopes of policy changes under a second Trump administration. Politically, a Trump rally in Pennsylvania led to Secret Service changes, and immigration debates intensified over a promised deportation program. In space, SpaceX thrived, while Boeing's Starliner faced hurdles, shaping a year of economic, political, and technological transformation.