Quote:
Originally Posted by Craig Vernon
Inflation is accounted for in the model at 2% annually and a 4% return on savings.
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Inflation is way too low at this point in the economic cycle with the amount of stimulus entering into the system. June 21 CPI reported in July will show a year over year of just under 4.0% (yes, i do financial forecasting as part of my finance fiduciary responsibilities)
I would use at least 3% if not 3.5 for a more conservative long term model
sportsguy