Today's Post - https://bahnsen.co/4lnsaSr

The Futility of Economic Forecasting and the Current State of the Economy

In this week's Dividend Cafe, host David Bahnsen, Managing Partner and Chief Investment Officer at The Bahnsen Group, discusses the limitations and challenges of economic forecasting, especially for investors. He underscores the difficulty of making accurate economic predictions and linking them to investment outcomes. Bahnsen critiques economic forecasting through various perspectives, including a quote from economist John Kenneth Galbraith, and highlights the complexities of interpreting present economic conditions, such as jobs data, trade levels, and corporate profits. The discussion touches on current challenges such as the impact of trade tariffs and the mixed signals from various economic indicators. Bahnsen aims to provide a clearer understanding of the present economic landscape without making bold predictions about the future.

00:00 Introduction to Dividend Cafe

00:38 The Futility of Economic Forecasting

03:13 Current Economic Conditions

07:49 The Jobs Market Analysis

14:30 Trade and Tariff Impacts

21:18 Conclusion and Final Thoughts

Links mentioned in this episode:

TheBahnsenGroup.com