Greater Uncertainty Is Upon Us
Lake Forest, IL (August 19, 2020) When predicting, Benjamin Disraeli, Prime Minister of Great Britain from 1874 to 1880, was very fond of saying, “There are three kinds of lies: lies, damned lies, and statistics.” With the coronavirus, forecasting for the next 3 to 6 months, especially into 2021, is very difficult. Yet, accurate forecasting rests on a foundation of known facts: 1. Election, 2. Coronavirus, 3. Money Supply, 4. Economic Velocity, and 5. Interest Rates.
image003.jpgWho Will Win in November?
The answer is no one knows. Four years ago, every pollster except two got it wrong. Uncertainty will continue whoever is elected. READ FULL ARTICLE