The future has always been uncertain—and always will be
In fact, however, economic uncertainty currently is no higher than its historical average. In past years when uncertainty was at or near current levels, the stock market produced middle-of-the-road returns.
If that weren’t enough uncertainty, there’s also the prospect of a government shutdown if Congress is unable to agree on a budget for the fiscal year that begins on Oct. 1. What also is a fact of life is that, as soon as the future gives way to the past, we immediately rewrite history to make it seem as though what happened was obvious. Of course, we tell ourselves now, it was obvious that the stock market would rally after the initial COVID-19 lockdowns. We likewise insist that it was obvious that 2022 would be a bear market year for both the stock and bond markets.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Pepe Coin price tanks as strange multisig changes generate FUD; two other meme coins to watchWith Pepe's future uncertain, two new meme coins are looking to take the spotlight – Wall Street Memes (WSM) and Sonik Coin (SONIK)
Leer más »
Lost Magnum PI Seasons Find Streaming Home As Show Faces Uncertain FutureNBC picked up Magnum P.I. after 4 seasons on CBS.
Leer más »
New poll shows many adults are still uncertain when faced with health misinformationA new poll shows many adults are still uncertain when faced with health misinformation.
Leer más »
Blue Beetle Is Just ‘The Beginning’ of Jaime’s DCU Future, Says DirectorAudiences may be treated to an action-packed Blue Beetle movie in the future as his future in the DCU is teased by the director.
Leer más »
What to know about Yevgeniy Prigozhin, the Wagner Group chiefThe fate of Prigozhin, who led a short-lived mutiny against the Kremlin in June, was uncertain in the aftermath of a fatal plane crash in Russia.
Leer más »
Relentless US heat wave continues; over 100 million under alertsThis summer is on course to become the hottest ever recorded.
Leer más »