It is difficult to make predictions, especially about the future.
- Yogi Berra, Niels Bohr, Albert Einstein, Mark Twain, et al.
As you have seen in Finance what is happening now, while interesting, is not as important as what will happen in the future. Of course, that is easier said than done. For example, knowing what will happen to interest rates later this year can give valuable information about optimal decisions today. So, what will happen to interest rates later this year? Many believe that the Federal Reserve will raise interest rates later this year, even though there is a currency war. Of course, this may not happen. In fact, economists at Goldman Sachs can even foresee circumstances that the U.S. interest rate goes below zero!
