Economic predictions for 2013, 2014 and beyond
1337_ 1/16/13 - This is the fourth year running here as ACG Denver starts the new year out with a look into the future featuring keynote speaker Alan Beaulieu, economist with Institute Trend Research. This is a very popular program at ACG, everyone makes it a point to be here in January. Check back in the w3w3.com Archives and you can listen to Alan's past previews into the coming year. Today Alan points out a lot has happened since we last spoke - "the fiscal cliff, we've got Europe going on... I mean there is no lack of things to ponder." Alan is talking about what the semi-resolution of the fiscal cliff means for the economy in 2013. Whether Europe is going to implode or not? The answer is not. Whether the Chinese economy is going to sink or expand? It's going to expand. Whether the U.S. economy is going to see more opportunities for businesses in 13? The answer is yes. And the reason for all of that is what we're going to be discussing here at ACG Denver today. But the reality is, this economy is in a real recovery. It's a sustainable recovery and, it's not going to end for another three maybe three-and-a-half quarters." LN: What are some of the other things you'd like to highlight?
Alan, "Well there's a recession coming in 2014. And, we need to start thinking now about how we're going to get ready for that. And I think more importantly, Larry, because that's pretty short cycle, we should realize that 15, 16, 17 - they're really good years coming! - And business leaders should ask themselves, What do I need to do now to get ready to be busy again? Because, we've had a hunker-down, no-spend, watch-the-cash mentality for so long that we're going to walk right into a great recovery and we're going to be ill prepared for it. Being ill prepared for a recovery is as bad as being ill prepared for a recession." Larry recaps for clarity: Fourteen is going to be a little tough and challenging. But then 15, 16 and 17 they're going to be coming back. "Right" said Alan, "You're absolutely right Larry! We're going to be happy! We're not going to be retiring but it'll be a good time in the country."
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RELATED LINKS: ITR Economics || ACG Denver || RM Corporate Growth Conference || Event Photos || M&A Channel || KEYWORDS: Alan Beaulieu, ITR Economics, Institute for Trend Research, Financial Trends, ACG Denver, Association for Corporate Growth, Trends, Economic Recovery, M&A, Entrepreneurs, Europe, China, Canada, Latin America,
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LISTEN TO: Alan Beaulieu, Economist, Institute Trend Research
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