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The 20’s: Are We Facing Another Great Depression?
2022 is slated to be one crazy year. The good news is: we have more money on the way, with several stimulus checks in the pipeline, including the new Child Tax Credit…
On the flip side, many believe the stock market might, yet again, crash. There are a lot of factors behind this so we’ll go into seven reasons why it just might happen.
The 2020’s might just look a bit like the 1920's…
Do you think the stock market could crash next year? There are quite a bit of people who believe this could be the case. But why?
The Motley Fool had seven reasons why.
First of all, there are supply issues related to omicron. What this means is that the single greatest risk to Wall Street is continued or brand-new supply chain issues. Mainly because we don’t know how to handle omicron. It seems world leaders are throwing in the towel on this latest variant.
From tech and consumer goods to industrial companies, most sectors are at risk of operating shortfalls if global logistics continue to be tied into knots by the pandemic.
Second of all, the Federal Reserve going is very worried about inflation. The Consumer Price Index for all Urban Consumers (CPI-U) rose 6.8% in November, which marked a 39-year high for inflation.