Quote:
Originally Posted by Kenswing
There might be something to that.. Today's headline: 34% of economists in survey expect a US recession in 2021
Could have just as easily said 66 percent of economists not worried about a recession..
Recession coming? 34% of economists expect one in 2021: NABE survey
Then after all the doom and gloom they sneak this in as the last paragraph..
Still, for now, most economic signs appear solid. Employers are adding jobs at a steady pace, the unemployment rate remains near a 50-year low and consumers are optimistic. U.S. retail sales figures out last Thursday showed that they jumped in July by the most in four months. |
Opinion itself can sway the stock market. There are too many people in this country right now that would rather see a damaged economic situation than a good economic situation because of their attitude and mind set.
What a mess. What a disappointment.