Hello my fellow bloggers! Today we are going to talk about US stimulus checks and check recent survey data. Let’s dive in and investigate!
Source
As you already know US government will print another 1.9 trillion USD and push it into economy. Around $380b will be sent to US citizens directly in a form of a stimulus check. We have already seen the same back in 2020. We all know the result – stock and crypto market were pushed to new all-time highs. Can the same happen again? Will Americans continue to invest stimulus checks into markets? The best way to answer this question is to check recent survey data:
The chart shows that 35-40% of Stimulus check recipients plan to invest some portion of their free money in Stocks and Bitcoin. If we do some calculations based on this chart, we get the following results. Roughly 10% of all direct stimulus will be invested. This gives us almost $49 billions of direct investments. It is hard to predict what portion will go into Bitcoin. I just hope enough US investors saw post: “How much the first stimulus check would worth if invested into BTC”.This data was all over twitter and facebook in 2021.
What would you do with the stimulus check? Let me know in the comments below!
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Disclaimer
I’m not a financial of any kind. I encourage you to check all information yourself and make decision only based on your own opinion. All articles are created for solely entertainment purpose.
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