Economic Acceleration
Updated: May 1, 2021
Jobs report rate of change increased; talks of reopening. Economic data for the average person can be confusing, so I'm here to make it easier for you. You don't have to get into CPI, CapEx, GDP, etc. Here at Investor Corner, we got you covered.
Essentially, it boils down to inflation and growth based on past data, with recent data weighing in more heavily on the overall sentiment. Based on my strategy, we are in a period of rapid growth and rapid inflation.
Corporate earnings are starting to pick up since the pandemic started, and inflation is growing because of stimulus check handouts (the money printer isn't stopping).
In my OPINION, this would be a good time to enter high growth ETFs. Examples include consumer, tech, industrials, and materials sectors. For safe long-term growth, try the $SPY. Obviously, I'm not a financial advisor, so this does not constitute financial advice.
The Street says otherwise; they believe the market is set for a downturn. I am opposing their sentiment- higher prices does not mean the market will go down. Due to good economic health, I think a dip in price is a good buying opportunity. A market meltdown is far from soon.
tldr; Overall, I think markets will be healthy. Feed the chickens- calls away.
All content on this post does not constitute financial advice.