We have just elected the least predictable president in U.S. history. Friction between voters who feel that they personally “won” or “lost” is hotter than any time since 1968. Not even The Donald knows what will happen next week. And we’re going to forecast next year?
- Accumulated unsatisfied demand for housing is going to persist no matter what.
- Mortgage rates would have to approach 5.00 percent to slow things down a lot.
- One party pulling in unison might achieve revenue-neutral tax reform and more.
- Spending targeted toward infrastructure will provide little durable boost for the economy.