{"id":9744,"date":"2020-05-30T10:29:53","date_gmt":"2020-05-30T15:29:53","guid":{"rendered":"https:\/\/www.missouriwestern.edu\/news\/?p=9744"},"modified":"2020-08-11T10:33:16","modified_gmt":"2020-08-11T15:33:16","slug":"news-press-now-professor-says-economic-future-uncertain","status":"publish","type":"post","link":"https:\/\/www.missouriwestern.edu\/news\/2020\/05\/30\/news-press-now-professor-says-economic-future-uncertain\/","title":{"rendered":"News-Press NOW: Professor says economic future uncertain"},"content":{"rendered":"
After the recent crash of the stock market with businesses closing and jobs lost, there almost seems nowhere to go but up.<\/p>\n
In the past several weeks on the New York Stock Exchange, there hasn\u2019t been considerable growth but there also haven\u2019t been the massive losses seen earlier in the pandemic.<\/p>\n
The stock market is not the economy, but it could represent the confidence investors have in getting it re-energized with stay-at-home orders being lifted.<\/p>\n
\u201cI would say that as you are lifting stay-at-home orders … confidence by the consumer could be part of it,\u201d Dr. Kara Grant, an associate professor of economics at ΄σΟσ΄«Γ½, said. \u201cBut there have also been all-time lows for the market, so it could be attributed to there is really nowhere else to go.\u201d<\/p>\n