In a downturn, there are eight different types of funds to consider. During a recession, are savings accounts safe? An FDIC-insured bank account is one way to keep your money safe. You’re probably already protected if you have checking and savings accounts with a traditional or online bank. If an FDIC-insured bank or savings organization […]
How To Protect Savings From Recession? Read More »
A futures market is an exchange where parties interested in buying or selling these derivatives can trade futures contracts. Futures markets in the United States are generally controlled by the Commodity Futures Trading Commission (CFTC), with exchanges standardizing futures contracts. The CME and ICE are two examples of electronic futures exchanges where the majority of
What Is The US Futures Market? Read More »
Total national health expenditures expressed as a percentage of GDP, 1970-2020. In 2020, the share of GDP devoted to health care increased to 19.7%, a significant increase over previous years. While the pandemic increased total health spending in 2020, the economy shrank by 2.2 percent. What will the US spend on healthcare in 2020? Health-care
How Much Of Our GDP Is Spent On Healthcare? Read More »
Savings accounts, money market accounts, and certificates of deposit (CDs) are all options for storing funds at your local bank. You might also use a broker to invest in the stock market. Let’s take a look at each of these options one by one. Save it in a savings account If you think you’ll need
Are Savings Accounts Safe During A Recession? Read More »
To listen to the podcast, press play on the player above and follow along with the transcript below. In its current form, this transcript was created automatically and then edited for clarity. Between the audio and the text, there may be some discrepancies. Republican attempts to invalidate state-ordered congressional districting schemes in North Carolina and
Is America Headed Towards A Recession? Read More »
Between 1914 and 2022, the United States’ inflation rate averaged 3.25 percent, with a high of 23.70 percent in June 1920 and a low of -15.80 percent in June 1921. Is this the biggest level of inflation in 40 years? WASHINGTON, D.C. (AP) Consumer inflation surged 7.9% last year, the highest level since 1982, fueled
What Was The Highest Inflation Rate Ever? Read More »
“Nominal GDP or GDP at current prices for the year 2020-21 is estimated at 198.01 lakh crore, down from 200.75 lakh crore in 2019-20, suggesting a decrease of 1.4 percent in 2020-21 compared to 6.2 percent increase in 2019-20,” according to the statement. What will India’s GDP be in 2021? In its second advance estimates
What Is The GDP Of India In 2020? Read More »
A recession, according to the Bureau of Economic Analysis, is “a substantial decline in economic activity.” It’s the inverse of an expansion and might be thought of as a downturn or contraction. A recession, by any name, can have a negative influence on your money. New businesses, more jobs, and greater earnings are all created
What Would Recession Mean? Read More »
In other regions, households could receive relief in as little as a few weeks. Crude oil and natural gas prices have fallen on worldwide markets, resulting in cheaper prices at the pump and for home heating. Even if prices continue to rise elsewhere in the economy, this should keep inflation in check. To be sure,
Is High Inflation Coming? Read More »
Workers will have more leisure time as a result of the increased leisure time available to them, which will allow them to participate in more recreational activities such as weekend terms and cultural activities. Their efforts are, without a doubt, welfare-enhancing. However, their extra leisure hours are not valued in markets and so are not
What Can Affect GDP? Read More »
