This is a great example of how extrapolation can get you. Here’s an article from Marketwatch.com.
So, what do you think next year’s growth will be?
- More than 14%
- 14%
- 0%
- Negative
I’ll take negative…
Example of Extrapolation
2021 Resolutions
After looking at the US (rising again) and EU case data (a “disaster”), I have my three New Year’s Resolutions for 2021 already:
- Lose the Covid 19 I put on (too soon?)
- Uninstall Zoom from my computer
- Retire this graph
I get the feeling that more people are simply learning to live with COVID, but government officials may have something to say about that.
Increasing cases will be a drag on the recovery. With the stimulus wearing off, the real pain is likely to start in some industries soon.