Monday, stocks were up Friday. The question is, have stocks begun a recovery?
Secretary of Treasury Steve Mnuchin thinks the economy will be in recovery by the third quarter (article attached).
The second article begs the question, have we been lied to or was the large numbers predicted an honest mistake? The second article contains this statement " The latest figures on overall death rates from all causes show no increase at all. Deaths are lower than in 2019, 2018, 2017 and 2015, slightly higher than in 2016." https://www.aier.org/…/an-egregious-statistical-horror-st…/…
The last article makes an attempt to explain why 'experts are often wrong and sometimes very wrong. This is an issue that is prominent in the investment industry. People making predictions who are very sincere in their prediction but very wrong in the conclusions. https://www.limaohio.com/…/matt-huffman-column-quick-action…
A quote from the last article, "how qualified experts can give such conflicting testimony. He said, “They’re all smart, but they’re not always right.”
Sorry for the links but there isn't much news.