QQEW - The K.I.S.S. Short Term Forecast For The Remainder Of 2021 Continues Positive

• The pervasive mistake in most forecasting is that of projecting current trends forward.
• The best corrective against that is the consistent use of both short and long leading indicators.
• Although disparaged by pundits (who need to justify their Wall Street pay), the Index of Leading Indicators has a better historical record than the consensus of forecasters.
• Using such methods, the simple, ‘just the facts, ma’am’ forecast for the remainder of the second half of 2021 through next winter is an economy that continues to improve.

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