Had a nice keynote speech from an economist today. 

I remember the big brain economist in 2004 saying we are in 17 year cycle and next peak will be 2021/22 then a crash.

There was an online exchange between some armchair economists that I found interesting.Persons a through d: omg my house value is up and the stock market hit 30k the world is amazing if you're not poorPerson e: it's just inflation idiots, it's not appreciation, nothing has actually gone up in value, the individual dollar is just less valuable. https://fred.stlouisfed.org/se...Person f: Unless the inflationary period is followed by deflation, inflation and appreciation are one and the same.Mostly I was aligned with person E until I read F's comments. 

I was recently listening to the BP podcast, and Brandon had mentioned that there is an interview coming out with an economist that was going to go on BP.

I'm reading Irrational Exuberance by Robert Shiller (Nobel prize winning economist) who did a study of US home prices since the 1800s.

I do pay attention to city council decisions, and more importantly, local economists who's job it is to predict future trends based on all the data.

@Jason Lee I'm not an economist, but I love reading the reports! 

(For a Video to watch, which says that the world economy is contracting at least 10% in 2020, due to COVID-19; on U-Tube, there's "COVID-19: Why The Economy Could Fare Worse Than You Think/ The Economist", & released by the Economist mag, on May 27th, 2020.)

For example, this week the Fed said that it would keep current policy unchanged but increased its forecast for economic growth, prompting economist to predict interest rate increases in 2023.