The Fall of Our Discontent (Financial VIEWS‪)‬

Commentary The title for this article is a variation of a line from Shakespeare, which is appropriate for our crystal ball outlook as we search for insights into what lies ahead. The original "winter of our discontent" was something of a misnomer; it was a forward-looking statement with better times on the horizon, rather than a commentary on the current situation. While we are ultimately in the same situation, the horizon is a long way off, and there is no doubt that we will encounter a number of twists and turns. Unfortunately, rather than being able to take comfort and relax by the fire as we read a classic tome that helps us relive history, we will be on the front lines, creating the history about which others will someday read. It's time to hunker down for what may be a long journey down the road less taken.