Don’t let anyone tell you otherwise. The U.S. economy is going through a unprecedented period after having been shut down by government decree. Whether you have a doctorate in economics or not, it is a guess how it will work out.
In the immortal words of former Secretary of Defense Donald Rumsfeld, there are a lot of “known unknowns” out there.
Big questions are up in the air for workers. Will your company survive? What will the office even look like? Will you be replaced by artificial intelligence?
It’s just hard to know. There are raging debates among economists about how things will shake out. We’ve never had a post-war recession where the service sector was hammered. It has always been manufacturing sector that led to the ups and downs.
Clues will come in the economic data. But there are no magic bullets.
“Mankind for 5,000 years has been searching for three indicators that tell you how the economy is going…