What Are the Long-Term Implications of the Stimulus Checks?

When most Americans received their $1,200 stimulus checks, the money went to alcohol, legal marijuana, and credit card payments. Those that had more liberties with their money spent the cash on health and wellness products. Brands like BrainMD, Numedica, and Terry Naturally got a significant boost. A few families tucked their money into savings for …

What Is the Economic Outlook for 2021?

After the coronavirus lockdowns of 2020 that spared essential businesses only, global economies tumbled by 10% to 30% – and sometimes more. The U.S. experienced a 31.4% reduction in GDP from the year before. That information translates to an expected 4% GDP decrease worldwide. It’s one of the steepest declines on record. The Trump Administration …