I have never forecast things. Most economists are bad forecasters too. That is based on decades of reading their opinions. When they are wrong, they update their narratives.Who genuinely believes we're thundering at high speed toward a recession combined with stubborn inflation, and who sees this moment as the start of a new Gilded Age of American prosperity?
The most important thing for all of us is to disregard most economic indicators (actually 95% of the 24/7 media) and learn how to make money in all markets. These indicators usually can't forecast what will happen in the next 1-4-16 weeks.