Economists Predict Good Cheer For The New Year

NPR

Published January 1, 2014 at 1:35 PM EST

Confetti falls throughout Times Square during the New Years Eve celebration on January 1, 2014 in New York City. Economists are also among those who are optimistic for the new year. (Christopher Gregory/Getty Images)

As the new year begins, most economists’ annual forecasts are brimming with good cheer.

Just one example: Goldman Sachs’ forecasters wrote, “The economic news remains broadly encouraging.”

And stock analysts are upbeat about the outlook for Wall Street.

At JPMorgan, they said the country is in the midst of “a classic bull market” that is not done running yet.

NPR’s Marily Geewax joins Here & Now’s Meghna Chakrabarti to discuss the data behind the optimism.

Guest

Marilyn Geewax, senior business editor for NPR. She tweets @geewaxnpr.

Federal funding is gone.

Congress has eliminated all funding for public media.

That means $2.1 million per year that Connecticut Public relied on to deliver you news, information, and entertainment programs you enjoyed is gone.

The future of public media is in your hands.

All donations are appreciated, but we ask in this moment you consider starting a monthly gift as a Sustainer to help replace what’s been lost.

Donate

SOMOS CONNECTICUT is an initiative from Connecticut Public, the state’s local NPR and PBS station, to elevate Latino stories and expand programming that uplifts and informs our Latino communities. Visit CTPublic.org/latino for more stories and resources. For updates, sign up for the SOMOS CONNECTICUT newsletter at ctpublic.org/newsletters.

SOMOS CONNECTICUT es una iniciativa de Connecticut Public, la emisora local de NPR y PBS del estado, que busca elevar nuestras historias latinas y expandir programación que alza y informa nuestras comunidades latinas locales. Visita CTPublic.org/latino para más reportajes y recursos. Para noticias, suscríbase a nuestro boletín informativo en ctpublic.org/newsletters.

Federal funding is gone.

Donate