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Publications to date for current year: 2020
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Call: US 978-468-4575
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 "Rebounds from the pandemic are widely attributed to government stimulus. But the evidence from the G-20 countries indicates otherwise." International Forecaster – 3/21 |
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~ R. David Ranson, President and Director of Research HCWE & Co. |
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 Economic and Investment Observations |
| Why post-pandemic economic growth will be subdued |
| There are widespread claims that the US economy is entering a new business cycle that will begin with a boom. This is a mis-diagnosis. Now that the country's financial capital is back to being fully employed there is no way to finance a boom. |
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International Forecaster |
| The myth of stimulus as revealed by recent international experience |
| Rebounds from the pandemic are widely attributed to government stimulus. But the evidence from the G-20 countries indicates otherwise. |
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Economic Barometer |
| "Market forecasts" for the coming twelve months as of April 1, 2021 |
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Equity-Market Barometer |
| "Market forecasts" for the coming twelve months as of April 1, 2021 |
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Webcast Summary |
| Virtually Complete Recovery -- but Subdued Growth Beyond |
| Both the economic expansion since the Great Recession of 2008-09 and the 12-year bull market in stocks are still alive following the coronavirus interruption. But there is no scope for the widely forecast boom because to recover from the setback the economy has had to use all the available financial capital to which it has access. |
