What Happened in the Economy in 2021
Pandemic remained major force influencing growth in U.S. 2021 economy. As vaccinations picked up and stay-in-place orders lifted economy made strides.
Pandemic remained major force influencing growth in U.S. 2021 economy. As vaccinations picked up and stay-in-place orders lifted economy made strides.
The fast-spreading Omicron variant isn't shaking confidence (yet) on Goldman Sachs' call for double-digit percentage returns for S&P 500 next year.
"But history has shown when the causes that people are behind are more important to them than the system, the system is in jeopardy." - Ray Dalio
Strategists have begun to deliver their outlooks for next year – and many are tempering expectations.
Should volatility increase, the Fed won’t be able to “give the market what it wants,” according to Wall Street veteran Edward Yardeni.
The guru doubts that central bank's hawkish turn will stick. According to Gundlach, the Fed's hawkish turn will expose underlying economic weakness.
High inflation rates aren’t bad news for everyone. They can be helpful for debtors -- which in today’s world economy means almost everybody.