In: Finance
Create a six month MARKET forecast and please explain it. Thank you
6 month market forecast of the United States market would be that the stock market is going to go lower because the economy is in deep distress and there is lack of demand and the companies are going to report lesser profits and it will impact their overall prices.
there is a complete shutdown of economy due to the spread of coronavirus, and it has led to slippages in the demand and people are getting unemployed so disposable income of the people has gone down, and it has led to company shutting onto the operations like Airlines companies are already in deep distress and brink of bankruptcy so they are asking for the bail out and packages by government and it can spread into the overall economy because that credit cycle is going to tighten, and it will lead to overall recession which have been expected by various World Bank agencies and experts, so United States will be facing an impending recession and it will be visible on the stock prices at well