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The 2020 US presential election would have been exceptional even without the COVID-19 pandemic
Learn about important economic concepts like inflation and GDP in this easy-to-understand guide.
Analysts at Bank of America, for one, are optimistic on the outlook for the yellow metal, raising their 18-month price target to $3,000 an ounce, more than half as much again as the nine-year old record of around $1,921.
Learn about deflation, disinflation, hyperinflation, stagflation and more.
With the beginning of the week’s trading, stock futures in the United States continued the bullish movement of last week, when Dow Jones rose from 25800 at the time of writing, the Dow Jones has increased by more than 375 points, and the S&P 500 and Nasdaq futures are also trading at higher levels.
Learn what inflation is and what causes it.
Monopoly is a structure characterized by one party control over markets that sells one unique product. In a monopolistic market
Data releases in the coming week will be scrutinized eagerly for clues on the length and depth of recessions caused by the Covid-19 pandemic, most notably the flash PMI updates for the US, Europe and Japan due on Tuesday.
The market volatility was driven by panic in the markets after the US Federal Reserve announced its somber forecast of the US’s economic recovery post the Covid-19 pandemic. The Fed indicated that the US economy may contract by 6.5% this year and the economic recovery from the Covid-19 pandemic-induced recession would be a slow one, with interest rates remaining very low until 2022, while maintaining its pro-economic policies.
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