Fiduciary Corner / Trust the Sciences
This quarter’s theme is based on Newton’s First Law of Motion which states “an object will remain at rest or in motion at a constant speed and direction unless an outside force acts upon it.” There are two critical elements in focus: force and speed. While the law applies to physics, it can also be loosely applied to finance. When we discuss inflation, for example, we are specifically addressing the rate of change (speed) in prices. To forecast (rather than…