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This is primarily based on growth and growth indicators. Since the economy took a big hit from the pandemic some level of snap back should be expected. This may
by m0llusk 6y ago
This is primarily based on growth and growth indicators. Since the economy took a big hit from the pandemic some level of snap back should be expected. This may not be enough for full recovery, may not endure. Also, long term demographic and interest rate trends are strongly deflationary and whole economic sectors are still down to a fraction of previous scales.
Most troubling is the great divide between the wealthy profiting from stock market growth while the working poor are lucky to have an unsafe workplace to labor in. This is a formula for strife.
- nobodyandproud 6y agoThe tech stocks will take a hit, but other industries will see growth.
- imtringued 6y agoIf inflation picks up the fed will raise interest rates and the stock market party will be over within 5 years. Bad companies will go and be replaced by good companies.