Amid new concerns over a possible second wave to the coronavirus causing a slowdown to the U.S. economic recovery, the questions now include “ Is the recovery going to take 10 years?” and “What happened to that V-shaped recovery everyone was talking about?”. Here hopefully with those answers is our Chief Equity Strategist and Economist, John Blank.
1. John, your thoughts. What are the facts?
2. The Congressional Budget Office has indicated that the sharp contraction in 2020 will cause a long and slow recovery in which the U.S. Economy does not catch up to the previously reached Q4-2019 level until Q4-2029! Is there any way that’s a bit overdone?
3. What caused the CBO’s lack of optimism?
4. So, does all this still qualify as a V-shaped recovery?
5. Stock market traders appear to indicate that the V-shape is already in the bag, as they say. Is that what you’re seeing?
6. What do global economic forecasts going forward actually need to be based on?
7. What will continue to put a drag on the U.S. and global economies?
8. You’re focusing on three top tech stocks currently. One from China, one from Japan, and one from the US. Why Tech?
9. Let’s take a closer look…JD.com (JD - Free Report) , Tokyo Electron (TOELY - Free Report) and eBay (EBAY - Free Report) .
That’s the latest on the economy with our Chief Equity Strategist & Economist, John Blank. With John, I’m Terry Ruffolo.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Amid new concerns over a possible second wave to the coronavirus causing a slowdown to the U.S. economic recovery, the questions now include “ Is the recovery going to take 10 years?” and “What happened to that V-shaped recovery everyone was talking about?”. Here hopefully with those answers is our Chief Equity Strategist and Economist, John Blank.
1. John, your thoughts. What are the facts?
2. The Congressional Budget Office has indicated that the sharp contraction in 2020 will cause a long and slow recovery in which the U.S. Economy does not catch up to the previously reached Q4-2019 level until Q4-2029! Is there any way that’s a bit overdone?
3. What caused the CBO’s lack of optimism?
4. So, does all this still qualify as a V-shaped recovery?
5. Stock market traders appear to indicate that the V-shape is already in the bag, as they say. Is that what you’re seeing?
6. What do global economic forecasts going forward actually need to be based on?
7. What will continue to put a drag on the U.S. and global economies?
8. You’re focusing on three top tech stocks currently. One from China, one from Japan, and one from the US. Why Tech?
9. Let’s take a closer look…JD.com (JD - Free Report) , Tokyo Electron (TOELY - Free Report) and eBay (EBAY - Free Report) .
That’s the latest on the economy with our Chief Equity Strategist & Economist, John Blank. With John, I’m Terry Ruffolo.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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