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where did this "4 percent growth" that everyone has been talking about happen exactly in the U.S. Economy?
how is it possible when we have like 750,00 + people file for first time unemployment EVERY WEEK and this has been going on for the entire past year?
why are people still buying stocks at these insanely inflated prices? do they really think that the stock market is going to go up by much
they think the economy is on fire ? really? how? every week there are 750,000 + new filed unemployed and this has been going on every week for over a year now
8 Answers
- ?Lv 71 month agoFavorite Answer
You might be correct in your ambit because it is very hard to find work. The most small businesses have been collapsed. but the 4% growth is there, and based on the lated prediction it would be 6.5% in 2021. And investors believe this prediction to become true. They are buying 10 year bonds day and night. The stock buying back is coming into an end. The consumptions are going up. So is the investment. The most worrying is in the labor markets. People who left jobs to take care their kids will not be able to come back. And the most worrying of the nation is a huge mountain of public debts. What are we going to do about it?
- Anonymous1 month ago
It happened because grade school arithmetic tells us 4% coming off the bottom of the barrel is easy. The 4% is hard when the barrel is full. They are buying stock because that is the direction the train is moving and they don't want to get left behind.
- random_manLv 71 month ago
Obviously there is variation in the economy, and some sectors are doing better than others.
4% GDP growth means that the gainers are far outpacing the losers.
- JeancommunicatesLv 71 month ago
Vaccines had a lot to do with it and personal consumption. Within a few more months I believe we'll see an entrepreneurial explosion. If the government in the USA would step aside so the people can do their thing, we will be okay. We would have done better under President Trump, but even the Democrats have caused the people to work harder time and time again. In America, freedom is precious to us and we give our Lord Jesus the praise for our blessings.
- Anonymous1 month ago
Why don't you ask "everyone" instead of bothering us if you can't be troubled to provide any links or even hints?
- Never PolledLv 61 month ago
Pharmaceutical Companies! That is where the smart money is going. Mandate vaccines and Vaccine ID's - money to be made!
- Anonymous1 month ago
There was a net gain of 400,000 jobs in February, dummy.