282: Predicting Your Economic Future with Brian Beaulieu
Predicting Your Economic Future with Brian Beaulieu
The next recession, and your next 3-10 economic years are predicted by our guest today.
Prediction: Interest rates should stay low through 2023.
By 2025, they could rise 3% to 3.5%.
Inflation should increase in the second half of the 2020s decade. Why? De-globalization.
We discuss how long this longest-ever economic expansion will last.
Declinism is people’s predisposition to view the past favorably and fear the future.
Brian tells us why the economy is likely to accelerate before it falls into decline.
Millennials and Gen Zers are large generations. As they age, their affluence increases.
Brian tells us that the widening gap between stock valuation and corporate profitability is concerning.
I tell you the difference between fiscal policy and monetary policy, and why the 30-Year Fixed Rate Mortgage might be the most undervalued “asset” today.
Of course, your economic future is based more on your individual decisions than the broader economy.
If you want an economic forecast for your business or personal investing, visit: ITReconomics.com