What is the GDP of the US in 2022?
Some are predicting GDP growth to reach near 10% in the April to June quarter. However, GDP forecast for 2022 it is 3.52%.
Is the earningsa buzz phrase?
Earningss are the new buzz phrase as some suggest the growth is over and that whoever can pass on higher inflationary costs to consumers win going forward. The Dow Jones, S&P and NASDAQ did reach new records last week, but this correction have an impact going forward.
Is the 5 yeargood?
The 5 year stockforecast (and 5 year housing market forecast ) look really good too because the American consumer is well employed and will see plenty of jobs as business is rebuilt from the ground up. Intent to buy homes is strong and construction rates will grow fast through the spring. If the economy stutters, the Biden admin will not be reluctant to give stimulus. Small business will need a transfusion, and it will get one.
This is an article about where is the stock market going now. If you have any questions, ask them in the comments below.