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Home Economy

Investors shouldn’t mistake the market for the economy

by capitalizefinancial
April 18, 2021
in Economy
0
Investors shouldn’t mistake the market for the economy

For the first time in a long time, optimism is everywhere, and it’s easy to understand why.

Roughly 25% of Americans have been fully vaccinated against COVID-19, and 3 million shots are being administered each day. As those numbers accelerate, restrictions on travel, social interaction and business activity will be rolled back further.

Nearly $400 billion from the third round of government stimulus has been deposited in bank accounts of American families. Economic forecasts have been revised steadily higher and now suggest U.S. GDP will grow 6 to 8% in the year ahead. That would be the strongest year-over-year growth since 1984.

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