Name: What Will COVID-19 Do To The Economy?
Uploaded: 2020-06-08T03:42:45.000Z
Duration: 9 min 54 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

- [Man] What will happen to the stock market?

- [Woman] What should I do with my stimulus check?

the investing platform built by women for women.

some of your most commonly googled questions

And if you don't earn enough to file taxes,

you can get it if you receive social security payments.

it's a little complicated cause it's the government,

but you receive a payment is you earn less than $99000

if you earn less than $136500 for head of household

so that they could stimulate the economy,

Now what do I hope that you will do with it?

I hope that if you have credit card debt outstanding,

that's the equivalent of several months of take-home pay,

and have that there as a caution for yourself.

But it really is in order to stimulate the economy

and small businesses will be perfectly happy

- Bottom line, in the short to medium term, nobody knows.

nobody can predictably forecast the performance

or individual stocks over the short to medium term.

There're just too many factors that drive it,

can change on any given day, they can be wrong,

they can be right and that's what makes stock prices move.

Now what I can tell you is that over the long term

the stock market's gone up by about 9.7% a year,

the economy is such, that it continues to grow

and the stock market continues to reflect that

it's been upward trending with volatility around that trend.

If there's a lot of demand for something,

Subtitles ListPlay Video

What Will COVID-19 Do To The Economy?

tough

depression

term

potentially