We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Why Are So Many U.S. Growth and Unemployment Rate Projections Off?
Read MoreHide Full Article
Is the U.S economy going to be stronger than before the pandemic? Usually, U.S. recessions leave lasting scars on the U.S. economy with unemployment levels rising and remaining at elevated levels and taking many years to recover. However, this time appears to be different. Let’s find out why now from Zacks Chief Equity Strategist and Economist, John Blank.
1. John, why do you think this time will be different?
2. So, could it be that the pandemic was a catalyst and accelerator for developments that were already underway even before the recession?
3. Despite many businesses having to close because of the pandemic, the U.S. economy has shown (so far) a resiliency and ability to adapt fairly quickly to the unforeseen impact of a complete shutdown of social activity. What accounts for that?
4. Do you see an impact to economic growth here from the Delta variant?
5. The Fed just concluded a two day policy meeting. When do you think the curtailing of its bond buying program, thus marking the first step to an interest rate hike?
6. Later this week we’ll see the most recent GDP number and data on the personal consumption expenditure inflation index. As we speak here we don’t know what that data is. But how significant are those numbers to the economy?
7. What about raising the debt ceiling. Is that just a way to buy into economic prosperity?
8. The U.S. consumer still seems alive and well. So let’s look at three of the biggest retail names, Walmart (WMT - Free Report) , Nike (NKE - Free Report) and Target (TGT - Free Report) .
Chief Equity Strategist & Economist, John Blank, on the strength of the U.S. economy. With John, I’m Terry Ruffolo.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Why Are So Many U.S. Growth and Unemployment Rate Projections Off?
Is the U.S economy going to be stronger than before the pandemic? Usually, U.S. recessions leave lasting scars on the U.S. economy with unemployment levels rising and remaining at elevated levels and taking many years to recover. However, this time appears to be different. Let’s find out why now from Zacks Chief Equity Strategist and Economist, John Blank.
1. John, why do you think this time will be different?
2. So, could it be that the pandemic was a catalyst and accelerator for developments that were already underway even before the recession?
3. Despite many businesses having to close because of the pandemic, the U.S. economy has shown (so far) a resiliency and ability to adapt fairly quickly to the unforeseen impact of a complete shutdown of social activity. What accounts for that?
4. Do you see an impact to economic growth here from the Delta variant?
5. The Fed just concluded a two day policy meeting. When do you think the curtailing of its bond buying program, thus marking the first step to an interest rate hike?
6. Later this week we’ll see the most recent GDP number and data on the personal consumption expenditure inflation index. As we speak here we don’t know what that data is. But how significant are those numbers to the economy?
7. What about raising the debt ceiling. Is that just a way to buy into economic prosperity?
8. The U.S. consumer still seems alive and well. So let’s look at three of the biggest retail names, Walmart (WMT - Free Report) , Nike (NKE - Free Report) and Target (TGT - Free Report) .
Chief Equity Strategist & Economist, John Blank, on the strength of the U.S. economy. With John, I’m Terry Ruffolo.