How to Answer Someone Who Asks You to Predict the Economy

How to Answer Someone Who Asks You to Predict the Economy

Assessment

Interactive Video

Business

University

Hard

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The speaker, an economics reporter for Bloomberg Businessweek, humorously discusses the challenges of predicting economic trends and stock market movements. They sarcastically comment on the unrealistic expectations of perfect foresight before providing actual economic forecasts, including a predicted 5.8% growth in US GDP and an S&P 500 estimate of 4100. The conversation ends on a light note, highlighting the difficulty of making accurate economic predictions.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the profession of the speaker in the video?

Investment banker

Financial advisor

Economics reporter

Stockbroker

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the speaker feel about their ability to predict the economy?

Sarcastic

Optimistic

Indifferent

Confident

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What humorous claim does the speaker make about their wealth?

They own half of America

They own a small island

They own 2/3 of Eurasia

They own the entire stock market

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to Bloomberg's survey, what is the predicted growth rate for the US GDP?

4.2%

5.8%

6.1%

3.5%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the median estimate for the S&P 500 according to the speaker?

4000

4200

4100

3900