10 Potential Black Swans And Opportunities For The U.S. Economy In 2017

Posted by John Maulding via Seeking Alpha

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* We’ve reached that wonderful time of year when financial pundits pull out their forecaster hats and take a crack at the future.

* This time the exercise is particularly interesting because we’re at several turning points.

* Any one of them could remake the entire year overnight.

We’ve reached that wonderful time of year when financial pundits pull out their forecaster hats and take a crack at the future. This time the exercise is particularly interesting because we’re at several turning points. Any one of them could remake the entire year overnight.

I should probably say up front that I am actually somewhat optimistic about 2017 – optimistic, meaning I think we will muddle through – but that’s a lot better outcome than I was expecting five months ago. However, mid-course corrections may be warranted.

Instead of trying to answer questions about the future, I’ll try to list those we should be asking as 2017 opens.

We can’t afford for any of the major components of the global economy to break down; so, it’s smart to ask, “Where are the weak points?”. That’s what we’ll do today. We’ll poke at the economic mechanism as it grinds along.

Trumping DC

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…also:

Jim Rogers: Wall Street is wrong, ‘you should put all your eggs into one basket’