May. 6th, 2021

Joe's boom

May. 6th, 2021 12:37 am
fridi: (Default)
Some are now speaking of a Biden boom. Although the first quarter of the year has passed, the data keeps mounting in favour of a real growth forecast. Even if based on partial data (as of yet), the expected growth of the US economy is hovering around 7-8%. More importantly, the outstanding first quarter will likely not be alone. A recent WSJ research registered a median growth forecast of 6.4% for 2021.

If this really is the case, that'd be the fastest recovery since 1984...

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