With the expansion of vaccinations nationwide and the $1.9 trillion stimulus bill officially in play, The Fed issued its quarterly projections indicating the economy will grow by 6.5% this year — the largest annual growth output in nearly 40 years — and also forecast unemployment rates dropping to 4.5%. Both estimates are a big uptick from projections in December, when it predicted 4.2% growth and 5% unemployment.
And the DJIA just closed above 33K for the first time in history.
This is great news and should be celebrated by all Americans.
Just checked the ole portfolio and things are looking skrong to quite skrong.
I'll need it for when the inevitable tax increases and inflation come.
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