“The main conclusion is that economies are resilient, and people and businesses can be incredibly resourceful in the face of challenges—don’t underestimate the ability to recover from this tough period.”
- 2020.06.29, “America’s Post-pandemic Economic Prospects”. Porter, Douglas, CFA, Chief Economist, BMO Financial Group
They had me at ‘resilient’. [Fair disclosure: I am starting my read through this report, and I would not trade on this data, without additional research; however, it does offer a data point for consideration. I see them as sufficiently credible to warrant reading their material.]
It’s easy to get mired in the negative … there is certainly plenty of credible data describing things about which to be concerned. However, there remains plenty about which to be optimistic … but, opportunity also does not equal certainty. Will I grab the proverbial bull by the horns in my sphere, and make things happen? That’s ...