What Will Happen To The Economy In The Next 6 Months

The housing market in the u s.
What will happen to the economy in the next 6 months. What outbreak could look like in 3 months 6 months 1 year. How the coronavirus pandemic could play out in 6 months according to experts. Economic recessions normally end with a rocketing surge usually because interest rates drop. Zak says the retail economy will take a big hit over.
In the first quarter of 2020 growth declined by 5. A new study from the mit sloan school of management and state street associate says there s a 70 chance that a recession will occur in the next six months. In april retail sales plummeted 16 4 as governors closed nonessential businesses. Market forecast for next 6 to 9 months.
This graph shows the current recovery from 2008 is one of the slowest on record. Could enter a recession according to online real estate company zillow which predicts that will happen in 2020. That might mean there s much more left in the tank to keep this bull stock market going. See updated forecasts for interest rates growth job creation and gas prices.
In just a few months the covid 19 pandemic decimated the u s. Economic outlook is a u shaped recession for 2020 and beyond. The unemployment rate in june was close to a 50. Stocks themselves are likely to decline 20 to 30 from their all time highs about 16 to 26 lower than today but the fed s probably next round of qe could put a relatively high floor under equities.
The economy is likely to spend about 12 months shrinking with a peak decline of just 1 to 2. Over the next six months as a result of the virus. Be multiple rolling waves of the pandemic with an unclear timeline that could play out over the next 1 to 2 years. The six month economic outlook was at 51 2 below 55 plus readings in the two months after president trump signed the tax cuts into law in december.