With the recent decline in the December employment numbers, there is growing concern that the economy will not seamlessly recover in a V-shaped fashion, as many had hoped.
In the piece included below, FourStar economist Bob Barone discusses inflation, employment, adding debts and other issues of economic concern.
One thing we can look forward to- since 2020 was one of the messiest and difficult economies on record, there is a decent chance that the year 2021 will simply be a better year than 2020! While issues of lockdowns and vaccine distribution continue to be debated and managed, things are slowly getting better, albeit in fits and starts. The chance of 2021 being a better year than 2020 is a bet that I would make, as we keep our hope alive and continue to believe in the resiliency of our nation.
Brian L Kasal, Chief Investment Officer
Click here- The Flawed Inflation Narrative; And “V” vs. “U”
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