Framework, not prophecy
Markets matter because decisions happen inside them.
The useful question is rarely “what will the market do?” It is “what would different market outcomes do to this plan?”
What gets watched
Inflation, employment, growth, interest rates, credit conditions, liquidity, valuation, real-estate supply, housing affordability, tax policy and the gap between nominal returns and actual household purchasing power.
What does not follow
A market outlook is not a promise of performance and not an excuse to turn every planning decision into a macroeconomic wager. Scenario planning is more durable than pretending one forecast deserves religious status.
Planning use: test the plan against more than one plausible future and identify the decisions that remain robust.