Year Ago Lookback & a New Look Ahead

What growth & inflation may look like in 12-18 months

Before I attempt to look around the current bend, I wanted to republish my Covid lookahead from The Cascade that ran on February 3rd, 2020. Everything below in italics is from that letter. It may have seemed like speculation that was not actionable when I wrote it, but I hope this illustrates how building a framework months ahead of time can be useful.

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