Monday, June 21, 2021

g-f(2)334 The big picture of the digital age (6/21/2021), WSJ, U.S. Economy Is Bouncing Back From Covid-19. Now Foreign Investors Are Rushing In.


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Opportunity, USA The world's top destination for foreign investment in 2021 and 2022
  • The extraordinary recovery of the U.S. economy is likely to make the country the world’s top destination for overseas investment this year and next, according to new United Nations projections, with foreign businesses drawn by the prospect of a rapid and sustained rebound in consumer spending and the Biden administration’s multitrillion-dollar infrastructure plans.
Opportunity, The U.N. expects the U.S. to cement its leading position
  • For 2021 and 2022, the U.N. expects the U.S. to cement its leading position, with China in the second spot, as overseas investors expand capacity to meet huge post-pandemic demand.
Opportunity, The Federal Reserve expects the American economy to grow 7% this year
  • The Federal Reserve expects the American economy to grow 7% this year, supported by nearly $6 trillion in approved stimulus spending and about $2.6 trillion in extra savings American households have built up during the pandemic.
Opportunity, Unctad expects businesses around the world to increase foreign investments in 2021 and 2022
  • The U.N. Conference on Trade and Development, or Unctad, expects businesses around the world to increase foreign investments by 10-15% this year and a further 20-30% in 2022.
Lesson learned, Overseas investments around the world fell in 2020
  • According to U.N. figures published Monday, overseas investments by businesses around the world fell by a third in 2020 from the previous year. 


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    Opportunity, USA The world's top destination for foreign investment in 2021 and 2022
    • The extraordinary recovery of the U.S. economy is likely to make the country the world’s top destination for overseas investment this year and next, according to new United Nations projections, with foreign businesses drawn by the prospect of a rapid and sustained rebound in consumer spending and the Biden administration’s multitrillion-dollar infrastructure plans.
    Opportunity, The U.N. expects the U.S. to cement its leading position
    • For 2021 and 2022, the U.N. expects the U.S. to cement its leading position, with China in the second spot, as overseas investors expand capacity to meet huge post-pandemic demand.
    Opportunity, The Federal Reserve expects the American economy to grow 7% this year
    • The Federal Reserve expects the American economy to grow 7% this year, supported by nearly $6 trillion in approved stimulus spending and about $2.6 trillion in extra savings American households have built up during the pandemic.
    Opportunity, Unctad expects businesses around the world to increase foreign investments in 2021 and 2022
    • The U.N. Conference on Trade and Development, or Unctad, expects businesses around the world to increase foreign investments by 10-15% this year and a further 20-30% in 2022.
    Lesson learned, Overseas investments around the world fell in 2020
    • According to U.N. figures published Monday, overseas investments by businesses around the world fell by a third in 2020 from the previous year.

Category 2: The Big Picture of the Digital Age

[genioux fact deduced or extracted from WSJ]

This is a “genioux fact fast solution.”

Tag Multiple updates for those traveling at high speed on GKPath

Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).

Type of validity of the "genioux fact". 

  • Inherited from sources + Supported by the knowledge of one or more experts.


Authors of the genioux fact

Fernando Machuca


References

U.S. Economy Is Bouncing Back From Covid-19. Now Foreign Investors Are Rushing In., Paul Hannon, Rhiannon Hoyle and Tom Fairless, June 21, 2021, The Wall Street Journal, WSJ.


ABOUT THE AUTHORS


Paul Hannon (@PaulHannon29)

Reporter, The Wall Street Journal


Rhiannon Hoyle (@RhiannonHoyle)

Reporter, The Wall Street Journal. 

Rhiannon Hoyle writes about mining and commodities from The Wall Street Journal's Australia-New Zealand bureau. She also writes about broader trade, economic and business issues. She is reachable at rhiannon.hoyle@wsj.com.


Tom Fairless (@TomFairless)

Reporter, The Wall Street Journal   

Tom Fairless writes about the European Central Bank from The Wall Street Journal's Frankfurt office. His coverage areas include monetary policy, the European economy and the ECB’s new role overseeing the region's banks.

Previously, Mr. Fairless covered the European Union in Brussels, including the efforts to overcome the bloc's debt crisis and its antitrust policy. He has also covered banking and finance in London..


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