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Economic Forecast for First Half 2021… Michael Douville

Posted in #PaulthePoke, Michael Douville with tags , , , , , , on February 20, 2021 by paulthepoke

Ecclesiastes 3:1 For everything there is a season, and a time for every matter under heaven…

1 Chronicles 12:32a And of the sons of Issachar, having understanding of the times, to know what Israel should do.

Michael lays out his forecast for the economy for the first half of the year 2021. He covers data for gross domestic product (GDP), manufacturing and industrial implications, retail numbers, food sales, inflation, and housing implications. The Forecast is on track for an explosive 1st and 2nd Quarter which should drive Housing, basic goods and commodities much, much higher.

Michael looks at data from Goldman Sachs, Case-Schiller U.S. Home Price Index, and government reports regarding employment and inflation. Where are we in the 18 year real estate cycle?

Click on the link below for Michael’s report.

The United States continues to print money at a record pace. China is tightening economic policy to strengthen their currency. Is inflation around the corner?

Just keeping an eye on the specter of hyperinflation. A hallmark of the beginning of the tribulation is hyperinflation as noted in Revelation 6 which leads to global famine. We should pay attention. Yes, this sounds over the top. It says what is says. At some point, this will happen. The question is when…

Revelation 6:5-6 When he opened the third seal, I heard the third living creature say, “Come!” And I looked, and behold, a black horse! And its rider had a pair of scales in his hand. And I heard what seemed to be a voice in the midst of the four living creatures, saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius, and do not harm the oil and wine!”