TAAACC Annual Black Business Conference Texas 2020 Economic Forecast

For the seventh straight year, William Michael Cunningham delivered the Texas Economic Forecast Keynote Address in Austin, Texas on September 19, 2019 before the Texas Association of African American Chambers of Commerce.
 
 
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2020 Economic Forecast

Industry:
Business

Location:
Washington - District of Columbia - US

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Events

WASHINGTON - Sept. 30, 2019 - PRLog -- Economist William Michael Cunningham, founder of Creative Investment Research, discussed the climate, condition, and trends for African American businesses in Texas and in the US for 2020.

The forcast for 2020 can be summarized as follows:
- The current business climate remains strong. BUT, risks abound. We expect a major market disruption.

Our advice for TAAACC and members:
- Lock in any growth or client opportunity you can NOW.
- Support Black women business efforts.
- Borrow now before interest rates abd borroing costs go higher. Term: 30 year fixed rate. Source: Credit Union.
- Investments: Savings Bonds, Vanguard S&P 500, Bitcoin

Creative Investment Research (CIR) produces high social return investments and research. Founded in 1989, the firm launched creativeinvest.com in November, 1995 (http://www.creativeinvest.com/image/be1996.jpg). CIR creates unusually impactful investment vehicles and initiatives. Our Fully Adjusted Return® Methodology combines social and financial data to create investment vehicles and is used to generate highly accurate economic forecasts. Mr. Cunningham holds an MBA in Finance and an MA in Economics, both from the University of Chicago.

On June 18, 1998, the Fully Adjusted Return ® Methodology (FAR) accurately predicted the 2008 financial crisis in a petition to the United States Court of Appeals (Case Number 98-1459). On December 22, 2003, FAR forecast system-wide economic and market failure. In June, 2016, FAR predicted the outcome of the 2016 election – see: Why Trump Will Win on LinkedIn. https://www.linkedin.com/pulse/why-trump-win-william-mich...

For a review of prior forecasts, see: https://youtu.be/fSGje7OaLpk



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William Michael Cunningham
***@creativeinvest.com
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