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.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker imply about their knowledge of the stock market?

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OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker feel about the question regarding the economy?

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OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the median forecast of economists surveyed by Bloomberg for US gross domestic product growth this year?

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OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the S&P 500 median estimate mentioned in the text?

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OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker suggest is a perfect way to end a boring conversation?

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OFF