Everyone assumes consumer demand will be a slow comeback. I disagree.
Oh yea, where are you vacationing at this summer? What's on your summer movie list?
You have any work conferences scheduled this year?
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Everyone assumes consumer demand will be a slow comeback. I disagree.
Oh yea, where are you vacationing at this summer? What's on your summer movie list?
You have any work conferences scheduled this year?
Montreal, Tenet, and I didn't have any work conferences before this.Oh yea, where are you vacationing at this summer? What's on your summer movie list?
You have any work conferences scheduled this year?
And my friends are spending it, but thats beside the point. We are still a month out before demand comes back.i even see people being prudent with those stimulus checks. they rather pocket it for a rainy day than spend it
And my friends are spending it, but thats beside the point. We are still a month out before demand comes back.
I am not saying the economy will be back tomorrow (or next month) This will take years to return to normal. 30MM unemployed is not a quick fix. I am talking about demand.how? the economy isnt like a car that magically turns on and off with a flip of a switch. its kinda like your cell phone. it turns off quickly but it takes a longer time to boot back up. the psychological factors are going to be in play. the people that were scared wont be out and about like they used to. the only thing that can give some people relief is if theres a vaccine right now.
What are they gonna spend if they have no money or jobs to provide them with money ?Everyone assumes consumer demand will be a slow comeback. I disagree.
I am not saying the economy will be back tomorrow (or next month) This will take years to return to normal. 30MM unemployed is not a quick fix. I am talking about demand.
American spending habits will not change.
Didn’t we run out of the second wave of money already? I thought I read that somewhere.TZA booming
Small caps are in severe trouble. All of the small business owners I know STILL have yet to receive a penny of ppp funds.
Didn’t we run out of the second wave of money already? I thought I read that somewhere.
You're going to ignore the advice of your father who teaches Econ for the advice of some strangers on a message board ?I’ve had like 90% of my money in 2 mutual funds since October 2017. Vanguard 500 index and growth and income. planned to be long term “safe” investments, just buy and forget about that $$. Rode the highs but when everything crashed I was down some, now I’m back up to some small gains.m. Which I’m ok with and understand it’s what happens. But I’m thinking about taking some out just to have as cash and put in my ally savings account. definitely don’t feel good about the rest of the year
I already felt like I had too high of a % of my money in there but it was easy to look past that when everything was going good
my dad teaches at Econ at Northeastern here in Boston and he just tells me to ignore it, but with the caveat - who the **** knows
they already have changed.
add in the fact that new house sales declined 30%, it appears that Americans have become much more conservative spending already. I think most people realize this u employment lifeline has an expiration date
LOL. you think unemployed Americans are going to keep spending like how they were without a paycheck? c'mon bro.I am not saying the economy will be back tomorrow (or next month) This will take years to return to normal. 30MM unemployed is not a quick fix. I am talking about demand.
American spending habits will not change.
Lmao wtf