We introduce a new term into the economic lexicon this year: Pandemnomics. It’s axiomatic that eras in economics are driven by events. Past examples include the “Energy Crisis” the “Tech Wreck,” and 10-years back, a massive “Housing Bubble.”
The task this week it to build a reasonable outlook for 2021 that uses some “logic glue” to paste up a model of how near-term future could work out,
First, though, a few thinking points from headlines and then a look at our ChartPack.