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Tuesday, December 23, 2003

Posted by Jake
Econ 2004: 5 either/or questions - Dec. 23, 2003

Place your bets, place your bets. CNN Money has both sides of the "5 maybes" for the American economy next year: inflation, the Fed, jobs, the deficit, and the dollar.

For my part (and a woefully uneducated part at that), I am going for little or no inflation leaving the Fed to leave interest rates low. Jobs will be up at an increasing pace (you can't keep productivity this high forever). The deficit (sadly) will continue to balloon, and the dollar will equilibrate with the Euro as growth continues.


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