I recently outlined two models for estimating the US stock market’s return for the decade ahead. Let’s add a third model to the mix with the plan to take the average as a relatively robust forecast.
Daily Archives: August 11, 2021
Macro Briefing: 11 August 2021
* Senate narrowly passes budget for $3.5 trillion spending plan
* N. Korea warns of ‘crisis’ over US-S. Korea military exercises
* Taliban take control of another provincial capital in northern Afghanistan
* Minimal impact on global economy so far from Delta variant of coronavirus
* Tropical Storm Fred formed Tuesday night with US in its path
* US productivity slowed in Q2; labor costs weaker than previously expected
* US small business sentiment fell in July as labor shortages persist: