THE ECONOMIST: Short-term outlook
The US economy is currently enduring some major headwinds. High inflation persists even as the Federal Reserve raises interest rates. Fallout from the escalating interest rates is affecting a number of industries and individuals, with ripple effects throughout the economy. Geopolitical uncertainty is also a factor, with not only Russia-Ukraine, but several other areas showing signs of rising tensions. However, while there will almost certainly be some bumps along the way, I don’t anticipate a major meltdown. In fact, our latest projections call for notable growth over the next five years. Let’s briefly explore a few key issues.
04/06/2023 12:00 AM