

It’s passed the critical mass point and you should have crypto in your long term strategy. Technology and global fiscal problems will drive adoption of Bitcoin. There’s lots of political folly suppressing some stocks (i.e., oil stocks and bitcoin stocks) but the fundamentals of demand and supply will lift them back. Read more on best stocks to buy, and more about what’s driving this market below. Lots of volatility, so those who aren’t long term investors are confused about what to buy next.Ĭommunications, Energy, Financials, Material and Industrial stocks were the big losers last week. Current Major Stock Prices TodayĮconomists view of the recovery ( 6 month 5 year and 10 year outlook) is a little weaker and some speculators may be pulling out, or at least preparing to invest differently. Today’s job numbers report is solid giving the market some positive news and the Omicron threat is losing steam. The government will spend to keep America thriving. See more on the outlook for the next 3 months, the 6 month spring 2022 and 5 year stock market outlook are still positive. The outlook for January, February and March will brighten. Still, there are opportunities for buying the dip as anxious investors sell off and take their profits. Stock prices growth next week and for December will be subdued. In an election year, it’s doubtful they would have the courage to do it. Interest rate rises are off in the future and when the Fed tries to raise them, the government will be hit with a torrent of hate. But some sort of deal will get struck and stimulus will power growth. Stimulus funding might be delayed until the spring.

GDP should grow modestly in 2022 by 2.1%. They’re pessimistic right now, but as spring approaches and Covid fades, the pace of spending, employment and production will increase.Īs the supply chain issues ease this winter and booster shots get administered, return to work will be in full swing. Holiday spending is hitting record highs and consumers have lots of cash. Some advisors are bullish on housing construction stocks. The housing market forecast is a little brighter too with strong price growth forecasts, and more construction is expected. Omicron is a threat, but it doesn’t appear to be the deadly variety everyone was reacting to. However, what drives optimism is the continuing recovery. This week brought both anxiety and discouragement to the markets.
