SOLUTION: Ashford University Domestic and Global Economy and the Stock Market Essay

Attached. Please let me know if you have any questions or need revisions.ECONOMY AND THE STOCK MARKET1Domestic and Global Economy and the Stock MarketStudent’s NameInstitutional AffiliationDateECONOMY AND THE STOCK MARKET2Introduction2020 was a year full of social and economic challenges. The coronavirus outbreakescalated at high speeds leading to lockdowns, curfews, and other movement restrictions at bothnational and international levels. As a result, the governments suffered rebounds regarding theirstimulus measures and relative equity markets. The global economic status weakenedsignificantly as the pandemic spread throughout the globe. The United States became one of thecountries where the virus infected the highest populations. This trend discouraged economicgrowth in the country and its stock market stability. However, coronavirus vaccineannouncements are encouraging governments and investors to lay down new economic plans thatwill facilitate better economic status both at national and international levels (Pollak, 2020).Therefore, this paper includes the short-term and long-term analysis of the current stock marketand domestic and global economies following Real GDP 2021, Nominal GDP 2021, and DJIA12/31/21.Short-term outlookReal GDP 2021The outbreak of the coronavirus pandemic towards the end of 2019 and its spreadthroughout 2020 has led to increased economic volatility in the United States and throughout theglobe. The U.S economy faced significant declines in growth, especially in the first and secondquarters of 2020. For instance, in the second quarter, the country’s economy declined by 31.4…

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