🚨Subscribe to our FREE Finance & Business Newsletter🚨 Financial News You Can Finally Use: America is getting ready to reopen the country - but what does this mean for the economy? Well, the economy isn't in the clear yet and it has to face the biggest test yet. There are three potential outcomes we could see.
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America Reopens - Why The Next 60 Days Are Crucial For The Economy
0:55 - The 2020 great lockdown helped us break nearly every economic record out there
1:58 - The stock market is emotional and it overreacts on both ends
3:00 - The biggest test our economy faces and the three outcomes we could see in the United States economy
4:03 - How the economy works
4:51 - Scenario 1 - The economy opens up and people go back to living their lives immediately
5:44 - Scenario 2 - The economy opens up but people don’t feel safe to spend their money
8:21 - Scenario 3 - The economy opens back up and then people start getting sick again
9:59 - Social distancing isn’t going to go away even if the economy opens back up which will hurt certain industries
11:37 - Was the economy really strong before this pandemic started
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Video host: Jaspreet Singh
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DISCLAIMER CONT'D: I'm just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.
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