Americans are concerned about the stock market, and a majority say they now believe the US could soon face another Great Depression.
That's according to Rasmussen Reports.
The national survey finds 55% of American adults say they think it is likely the US will enter a 1930s-like depression over the next few years. That includes 25% who say they think another Great Depression is "very likely."
That's the highest finding on the question in regular surveying since 2009.
Right now, 34% say they don’t think another depression is likely, while 11% say they are not sure.
The Chief Executive Officer (CEO) of JPMorgan Chase, Jamie Dimon, recently drew attention when he warned investors to “brace yourself” for an economic “hurricane” approaching.
Only 28% say they believe the stock market will be higher a year from now, while 33% predict it will be lower.
Twenty percent (20%) say they expect the stock market to be about the same a year from now, while another 19% say they are not sure.
To see survey question wording, click here.
Lon Spector says
And what can be done to stop it? Big, fat, zero.
This is deliberate managed decline by nether world forces, doing
john Ulanowski Ulanowski says
Biden Frack you.... drill baby drill...... the cure for inflation