The Biz Week That Was: Cloudy economic forecast, new restaurants and lots of pumpkins

Economist Robert Genetski shared a cloudy forecast at the 20th annual Cornerstone National Bank & Trust Company Economic Breakfast at The Cotillion...

October 8, 2023
1:32 PM

Economist Robert Genetski shared a cloudy forecast at the 20th annual Cornerstone National Bank & Trust Company Economic Breakfast at The Cotillion Banquets in Palatine. Genetski is a teacher, columnist and author of several books, including "Rich Nation, Poor Nation: Why Some Nations Prosper While Others Fail." He predicted the economy would decline by 1% in 2024, while housing prices increase by 3%, and oil prices hit $60 a barrel. A new Tropical Smoothie Cafe is open at 927 S. Rand Road in Lake Zurich.