Depending on who you talk to, the US economy is perfectly fine, or at the beginnings of a correction, or on the precipice of complete financial and demographic collapse.
But what do you notice about those statements?
There’s no timeline on when it’ll happen.
There’s no clarity on the severity.
There’s no direct connection to real estate.
The problem is that nobody really knows and so the signal gets lost in all the noise. Is a yield curve inversion a big deal? Do single point measures like gold and oil prices matter? What about broader measures like GDP, unemployment, or the stock market? Then there’s demographic/immigration trends, political amphitheater, and affordable housing issues.
At this month’s meeting, we’re going to learn all the different ways to measure the heath of an economy and how to use them to predict what’s going to happen. If you have indicators you look at, please share them with the group.
We’ll dive a little bit into the technical analysis side of things so you understand the theory and principle. Then give you some memorable heuristics you can use when reading/listening to the news to quickly assess it’s impact.
This will be a very useful meeting for watching next 20 months.
See you there!