Why The Market Could Crash Around July 31st

The stock market and economy might crash around July 31st or August 1st. Why? Because around this time, numerous federal support measures all finish at the same time. Specifically:

1. July 25th - Evictions resume for federally backed mortgages (around 25% of total mortgages)
2. July 31st - $600 Federal unemployment bonus ends
3. Early October - Student loan payments resume
4. Late October - Mortgage payments resume
5. A second stimulus check, if approved, is almost certainly not going to be received by July 31st to counter these effects

In this video, I dive into the details of these 5 factors and explain how I think this could impact the economy and stock market.

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DISCLAIMER
This is not financial advice. The speaker is not a qualified financial advisor. These videos are intended for entertainment and general information purposes only. Nothing herein shall be construed to be financial, legal or tax advice.

Видео Why The Market Could Crash Around July 31st канала Tom Heavey