Mental Models: Changes to Economic Landscape: #63

Moving parts of the current economy has been influenced by the pandemic. This is an unprecedented time and reflects a poor experimental design. What is changing and what is holding steady, if anything? The government continues to print money, but has delayed another stimulus package. At one end the economy is being squeezed, (leisure and travel) and at the other end expanded, (home goods and home improvements). 2020 is about trying something new and innovative as we continue to adjust to the rise and fall of the impact by COVID-19 and the individual states response in opening and closing of society. We have to consider multiple possible futures, so acting with certainty on anything is difficult! Recommended to play both ends, products that are strong now, and others that will be sure to come back, such as concerts. For more on best investing strategies, avoiding bias and learning about your brain BUY 5 star reviewed book “Understanding Behavioral Bia$” on Amazon - link here: http://amzn.to/2XHtsOE Continue to listen to Mental Models Podcast for updates on the current state of the market. Stay safe and healthy out there!