While we may be living with COVID-19 for a very long time, it seems we are slowly getting a handle on how to deal with this disease. More states are opening up and the talking heads are raising expectations for 2021 and beyond. We get a flue vaccine every year and the same may be true with this strain. It still remains to be seen.

I learned a new term last week and the term is Reflation. If you check out the link you will get a good idea what the word means, but I took two items from the definition. First a flood of new money coming into the system. Hence, a $1.9 Trillion new stimulus bill added to the $1 Trillion laying around from the last two bill yet to be spent. Second, look for a huge infrastructure bill in the near future.

The attached article, “Forecasters Lift Expectations for 2021 Economic Growth” lays out the framework for the optimistic headline. The one caveat is the potential for new strains to surface. Jean & I did go out for a Valentines meal Friday and was really pleased to see one of our favorite restaurants with more traffic than we’ve seen in quite some time.

Each week seems to be a new adventure so, should you have any questions or wish to speak with me, please call or email so we can put something on the calendar. Remember, the only choice is optimism, the pessimists never get it right.

Doug Alden

Link to article…

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