As we approach the end of an extremely weird and difficult year, no doubt what is on lots of people’s minds: What is to come in the months and year immediately ahead?
From an economic and financial standpoint, a great deal depends on several factors very well summed up in a recent The Wall Street Journal article.*
In order to gauge how early 2021 will look, we need to understand:
- How bad this latest surge in coronavirus cases might get?
- What measures people and state and local governments take and the resulting effects on spending?
- How much relief will come from the federal government?
- How much better things will look toward the end of 1Q 2021?
