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Why Are Economists Predicting a Market Boom in 2021
The Rise Of Spiritual Festivals In Modern Society
How The Global Hardware Industry Has Shifted Since Covid
Will The US Election Affect First Time Home Buyers?
Is Social Media Truly A Reliable News Source?
Why More Americans Are Selling Their Storage Units
Why Are Economists Predicting a Market Boom in 2021
The Rise Of Spiritual Festivals In Modern Society
How The Global Hardware Industry Has Shifted Since Covid
Will The US Election Affect First Time Home Buyers?
Is Social Media Truly A Reliable News Source?
Why More Americans Are Selling Their Storage Units
Why Are Economists Predicting a Market Boom in 2021
Market speculation is a tricky thing to manage. It seems every other day someone has a hot new tip that says the market is going this way or that. People panic sell or buy up as much as they can be based on the smallest shred of information.
So we are always hesitant to present any of these market rumors to our readers. But sometimes the rumors we hear are a lot less specific and more general. And sometimes these rumors are worth talking about purely from a speculative angle. So today we want to look at a popular rumor we have heard time and time again. That 2021 is going to see a market boom, unlike anything we have seen in a long time. We are going to break down a few key elements of these rumors to help you understand, in simple terms, why economists predict this.
The Election
The biggest factor we can see in these estimates is the outcome of the 2020 election. The USA has been through a troubling time. With the world economies facing an unprecedented time this past year, and with political tensions at an all-time high, many see the results of this election as a sign that America can begin healing.
This has nothing to do with political bias. It is not unheard of for the market to strengthen when a new president is sworn in. Countries anticipate new trade deals. Different sectors receive new funding. As everything changes, people tend to look at it positively and the market reflects that.
Normally this change is minor. Nothing too crazy. But 2020 may be one of the most nail-biting elections in America’s history. The impact of this election is going to send waves through the economy for some time yet. This could be one of the main reasons they are predicting a market boom.
Education
Studies have shown that educational quality in relation to the world of business has been slowly increasing over the past few decades. But in the last few years, we have seen a surge in people taking their destiny into their own hands and starting up a small business or classifying themselves as entrepreneurs.
This increase in business knowledge means there are more and more companies being created. More supply on the market. And more money being circulated at the local and national level. As people are more clued up in the business world, we will see the emergence of more companies offering leads to businesses. The best at generating leads in multiple industries, Exclusive Leads Agency spoke to us about this phenomenon. They said it is not unheard of to see a market boom as people tend to move towards independent work.
Brexit
Brexit was the referendum held in Great Britain in 2016 where they decided they would leave the European Union. And while this is going to have a huge impact on the United Kingdom itself, it also has massive repercussions for the rest of the world.
Particularly the global marketplace. England is a powerful and rich nation. One of the biggest players on the world stage. But until now their trading regulations and laws have been slightly controlled by the EU. As part of the agreement of any joining nation. It also meant that the United Kingdom had to prioritize trading with other EU nations before nations not included.
America and the UK have always had a special relationship. And this has always been reflected in their trade agreements and willingness to share their information. But now the UK has finally left the EU, the market predicts there will be an increase in trade between the USA and the UK. While we are skeptical about this, due to the shifting political scene both here and over there, there is no doubt that Brexit is playing a significant factor in these rumors.
Bouncing Back
We have been in a recession for some years now. And it is easy to view a recession as this big scary, country dooming thing. But the truth is recessions are an often natural occurrence in any economy. Due to factors outside our control, such as a pandemic. And whenever there is a recession, there are always rumors circulating that the next year will see them bounce back.
It is very rare for a recession to never end. And even rarer for it to doom a country. In America, we often see a bounce back sooner or later. So that could be where these rumors are coming from. This idea that we are about to head into the bounce back. Taking into account all the other factors we have mentioned so far, it is no surprise that many people seem to think this.
The Rise Of Spiritual Festivals In Modern Society
There has been increased organization of spiritual fests across different cities and countries. These gatherings, which unite participants of different faiths, have become a strong and active trend in our modern society. Community members gather to pray, sing, and dance as one, even as they engage and learn about the various facets of religion. These festivals usually consist of workshops, lectures, music, meditation, and discussions that focus on spiritual and physical health.
They provide a platform where people can practice religious beliefs, make friends, and perform activities that are good for their health. The majority of them also provide a place for healing, where people can undergo Reiki, massage, and other sorts of energetic treatments. Thus, they create a place where people can come in search of healing physically, emotionally, or even spiritually.
This article will examine the reasons for the rise in these spiritual festivals.
Reasons for Rise in Spiritual Festivals
There are several reasons behind the emergence of spiritual festivals. In search of harmony, meaning, and an increasing feeling of self-discovery, people are striving to add more value to their constantly busy lives. Hence, these festivals present a freedom concerning spiritual activities that allows people to turn off everyday life and focus on spiritual discovery.
Let’s look at some possible causes for the increase in the number of spiritual festivals.
Change from Modern Lifestyle
The world today is busy and stressful, with long working days and the unending demands of everyday tasks. Organized spiritual events are a great help in this regard, as such celebrations give people an opportunity to walk away from their routine work and get an opportunity to take care of their personal and spiritual needs.
Most spiritual festivities take place outside in the natural environment, and some common locations include forests, mountains, and beaches. These locations facilitate attendees’ getting close to Mother Nature. This kind of break has proven to provide inner healing and can make people more focused.
Due to the openness of spiritual festivals, participants gain knowledge and learn different practices and viewpoints. That enables them to discover the things that they have not tried and perhaps seek what might suit them, such as new ways of practicing meditation, different methods of attaining well-being, or ways of viewing life.
Human Design Self-Reflection
Human Design is a system that produces a script for a person’s life and character and places them on a given energy type, which has its own strategy for making decisions. The Human Design chart is becoming widely used in the spiritual world as more individuals discover their correct roles, fondnesses, energies, and methods of surviving life challenges.
These Human Design types have different ways of approaching the world and making choices. Thus, by knowing their type, people will be in a position to live, socialize, and even have spiritual fellowship in a manner that truly suits and fulfills them. This has contributed to the rising spiritual festivals that seek to connect spiritual people.
Organizers of spiritual festivals are also gradually turning to Human Design because they understand that its application will help create a positive and constructive atmosphere. With knowledge of the various types of Human Design, festival organizers are in a position to organize the festival so that all the participants have a quality experience.
For instance, while creating a motivational session about Generators (a type of Human Design), a trainer might devise active concepts such as yoga classes. Meanwhile, when devising a motivation session regarding another type, Projectors, he/she is likely to devise concepts like a lecture or a group discussion session involving meditation.
Opportunity for Personal Growth
Spiritual festivals are thus focused on a person’s spiritual development. They challenge people to attend as spectators and to discover the other part of them that they never used to know they possessed. The purpose of the series of workshops, classes, and spiritual experiences offered at spiritual festivals is to nurture such shifts and offer tools and perspectives for continued unlearning and integration beyond the festival.
Most festivals provide participants with guidance on how to meditate and practice it to clear their minds from stress and achieve focus on life. There is mostly aerobics and the practice of Yoga, Tai Chi, or dancing, as seen in spiritual carnivals. None of these activities are merely exercise-related; they are about the health of the participants’ minds, bodies, and souls.
How The Global Hardware Industry Has Shifted Since Covid
When we take a look at the global hardware industry the reality is that it has changed drastically over the past decade or so. These changes became even more drastic when the coronavirus pandemic struck the world. Despite all this, it might be somewhat difficult to even comprehend all the changes that this particular industry has been through over the past few years and how it has shifted concretely since the end of the coronavirus pandemic. So, let’s try to take a critical and analytical look at the global hardware industry and the current state it is in compared to what it was before the pandemic. While some changes might not be totally surprising others might be. So let’s take a look at them and see which caused this shift in the industry.
COVID Lockdowns
When we talk about COVID and its effect on the global economy one of the most important aspects to keep in mind of course is the effects of the log downs on the production as well as the economy at large. The lockdowns affected were of course many but one of the most impactful effects of the log dance is that it put a lot of workers on break for an extended period. While this may seem like the most important effect you might be surprised that the actual biggest impact of the lockdowns is the fact that there weren’t many of them in many places. Overall when we look at countries that add more draconian legislation surrounding the treatment of COVID-19 the reality of course is that it kept a lot more workers healthy as well as alive. So it shouldn’t be a shock to anyone that countries like China for example have managed to keep a very productive industry which lasts a lot fewer people than other countries like the United States.
Production of Semiconductors
This might not be the very first preoccupation when we talk about the importance of the hardware industry, but the reality is that semiconductors are in pretty much everything nowadays. Whether you like it or not every company that has tools for sale is over-reliant on the foreign industry that produces semiconductors as well as the tools themselves. This changed a lot because before COVID America added a very strong semiconductor production industry which has fallen off a lot especially when compared to the Asian market producing the same parts and adding much higher quantity. The fact that nowadays every tech industry is over-reliant on the need for semiconductors means that this industry has become extremely large, especially in the countries that did not lose part of their appeal during COVID.
The Move Eastward
While generally a lot of the industries are very strong in America the reality, of course, is that when we take a look at the current economy currently in the many moves in the industries we see that China and many other East Asian countries have grown exponentially over the past few decades i’ve made a massive place for themselves especially following covid. The rise in the economy of China is of course not a massive surprise but it is a big change especially as it is threatening the economic hegemony of America. As we see China become more and more competitive there are a lot of questions that I’ve written about perhaps whether America should change its position towards China economically which is an incredibly massive shift compared to the pre-COVID assessments. The reality of course is that when we talk about China and America’s relationship chances are that nothing much will change but even the fact that people are starting to talk about China in a more positive light for their current role in the economy is a big and important change to mention.
As you can imagine the post-COVID did repercussions on the economy as well as the global hardware industry have caused a very real change in the attitude of many politicians as well as business people. While many people have expected a return to normal for many parts of the industry at large the reality of course is that some of these changes are here to stay especially when it comes to the prominence of the Asian market as well as the presence of Asian companies in Europe. Despite the political maneuvers behind the importance of the European and American trade relationships, the reality is that every country is looking for a good deal and sometimes being able to purchase higher quality goods for a lower price will allow many countries to disregard certain allegiances when it comes to trade. Only time will tell if the actual attitudes towards the Chinese market change and allow for a stronger bond between the West and the East when it comes to bettering the economic state of the hardware industry.
Will The US Election Affect First Time Home Buyers?
The next U. S. election will not only concern who will occupy the White House or Congress. The result of the election can have certain effects on almost all spheres of life, including real estate. Therefore, first-time homeowners may be either way in the sense that the results of the election could potentially affect their chances of owning a home. That is because of the political influence directly or indirectly on the price they would afford and the processes of acquiring a mortgage.
This article highlights how the election in the U.S. may likely impact first-time home buyers through three key policies: housing, taxation, and economic policies.
Change in Housing Policies
The election can most directly impact first-time home buyers through housing policies. Political parties and candidates in power may have different opinions about the housing sector, which can lead to changes in policies, incentives, and programs to encourage first-time homeowners.
Fed Rate on Mortgage
Interest rates are a primary concern of home purchasers who wish to acquire a mortgage. These rates vary with economic factors and policies made within the lender’s jurisdiction. The Federal Reserve sets the base interest rate, and this could change due to changes in the forecasted economic scenario occasioned by the election. For instance, if the election results in policies that increase the economy’s growth, interest rates may be raised to curb inflation, which translates to expensive mortgages.
First-Time Ownership Programs
In its capacity to accommodate first time homeowners, the government provides incentives such as grants for the down payment, tax credit, and reasonable interest rates on the loans. These programs can be readily accessible and formulated in a manner that the political party in power controls.
For instance, a candidate who has a policy based on enhancing and providing affordable housing may develop these programs to enhance the provision of affordable facilities so that first-time buyers can access the market.
Review of Taxation Policies
Tax measures are particularly important to homeownership. Mortgage interest, property tax, and homebuyer tax credits are forms of tax credits that lower the actual cost of owning a home than the stated price. Depending on the election results, these changes in tax policies can either enhance or detract from the value of purchasing a home.
Mortgage Interest Deduction
Mortgage interest deduction enables homeowners to claim a reduction in their taxable income to the extent of interest on the mortgage. This deduction is especially important for first-time homeowners who could otherwise lack steady cash flow. However, if the election results in abolishment or change in laws that affect this deduction, it might lead to a rise in the cost of the homes, making first time homeownership unaffordable.
Property Taxes
The election also affects other policies within a state, such as taxes or federal policies. Property taxes differ greatly throughout the U.S. and could fluctuate depending on the state’s leadership. For first-time buyers, it is necessary to focus on how these changes might impact the overall affordability of homes in a given state.
Overall Economic Policies
Apart from direct housing policies, the general economic climate arising from the election affects the housing market. The following factors have a considerable impact on first-time homebuyers’ ability to own a home.
Partnership with Developers
Some candidates support subsidy programs that may increase the availability of new homes. Such measures might involve offering tax exemptions to developers seeking to provide affordable houses or even large construction projects funded by the government. Should they be introduced after the election, first-time buyers would have more choices of affordable houses in the market.
Affordability of Customised Units
First-time home buyers particularly need a good job market to help them secure the needed finances to own their dream home with all the features they can afford. Improving employment opportunities and increasing wages mean that individuals can now afford to spend more on units with classy interior design.
Hence, they can have their units customized to meet their preferred interior design, even if it may cost them more than standard houses. For instance, one may opt to have kitchen cabinets that are custom made to suit the size of the kitchen and their needs. Customizing other rooms with vanity fittings will also make the home more appealing and comfortable to live in.
Therefore, the favorable implementation of policies that promote job creation together with economic steadiness may facilitate the entry of first-time buyers into making their own house design decisions.
Potential Market Uncertainty
Investors and consumers tend to hold off on buying properties during elections due to the uncertainty in the market. These may influence home values, borrowing costs, and buyers’ appetite for the market. First-time home buyers should be careful because election years can influence market fluctuations as they seek to find a home.
Is Social Media Truly A Reliable News Source?
People like to say that we used to be able to trust the news we see. That newspapers and TV news networks didn’t have an ulterior motive and only provided the cold hard facts. These same people also like to cry out that you can’t trust anything you see on social media! They claim the internet has become nothing more than a hotbed of fake news and deception.
But how much truth is there to this argument? Social media has been under the spotlight for a long time now. And rightly so. Our world is more connected than ever before in human history. We are able to disseminate information instantly to the entire planet with the push of a button. Just take a moment to really absorb how powerful that ability is. Our world would have been a very different one if the ancient Emperors and Queens could send out commands to their subordinates in real time.
Today we are going to be taking a hard look at the truth behind using social media as a news source. Is it credible? Or is it not to be trusted under any circumstances?
Presenter Bias
The first step in understanding how credible a news source is is to fully understand presenter bias. This is not a new concept. It has been around for all of human history. In the fictional world the term would be an unreliable narrator. Someone whose perceptions and views on a given situation might not be entirely accurate. Often being contorted through their own beliefs, feelings, and incorrect assumptions.
To that end it is often said to be impossible to have a truly unbiased news source. But this is where a lot of people make their first mistake. Biased news is not the same thing as untrustworthy news. It is entirely possible for someone to present a list of facts while still being biased towards one angle or another. This is very common in newspapers and on TV stations.
The first step in establishing the credibility of a news source is to understand the biases of the people presenting it. This will help you be able to see through any biased language and focus on the facts of a story.
Social Media Credibility
So how credible are social media news accounts and posts? The truth of the matter is that there is no one right answer to this. Social media has allowed anyone to share information with the world for free. Which is an amazing concept. But this also allows room for the spread of misinformation.
Verified news accounts on social media, like the New York Times or The Guardian’s Instagram page will generally be pretty credible. If you see a verification symbol on an Instagram or TikTok page then they are generally going to be more credible than unverified pages.
But that doesn’t mean that unverified pages aren’t credible either. There are a lot of independent investigative reporters and activists who share informative and credible news stories. People are often quick to dismiss these pages because they try to boost their page through artificial means. Using digital marketing from GetLikes or buying followers from UpGrow. But these practices are actually used by the big news sources too. Buying likes and followers is an effective way to beat the social media algorithms that often hide news stories in favor of memes or more pleasant content.
Check The Sources
So how can you tell if a social media news post is credible or not? The first step is to check their sources. Any reputable news source, independent or otherwise, will have a readily available list of sources they can cite. If the source is a first hand interview or a personal account from the reporter then you should see if they have any interview transcripts or video / photographic evidence.
This might be more time consuming but it is worth it to ensure the information you are taking in is credible.
The second thing to look out for is how many other news sources are reporting the same information. Crosscheck the information to see if the facts are the same and see if they are citing the same sources.
Both of these steps are especially important when using social media as a news source. It is far easier for independent social media accounts to forgo the practice of providing sources. Don’t be afraid to message the account or leave a comment asking where they got their information.
The Verdict
This is a very tough argument to boil down to a simple yes or no answer. While it is true that social media does contain a far higher degree of misinformation and fake news than other platforms, it doesn’t mean that all news from social media will conform to that idea.
Social media is a great platform for getting global and local news from. But you have to play your part in ensuring that you are finding credible sources and checking the validity of any facts and claims being made.
Why More Americans Are Selling Their Storage Units
Self-storage units are used in America by individuals to keep personal belongings that may not fit in the house or are for seasonal use. Other people use them as centers to dispatch goods to clients.
However, over the recent past, there has been a growing tendency of Americans wanting to dispose of their storage units. This change can be related to certain changes in society. These may be economic, changes in lifestyle, and technological factors. You want to know why more storage units are on offer in the US?
Follow this article and discover the various causes of Americans’ increased selling of storage units.
Financial Management
Due to erratic inflation, the prices for most necessities and amenities in many regions of the United States of America are gradually increasing. Basic items and other necessities are on the rise, and people are forced to start spending their incomes wisely. Thus, if selling the storage will give you an additional income, then you have no better way to solve some of your financial problems.
Secondly, it is quite costly to rent storage space for one’s personal belongings. In the last few years, the average storage unit cost has been rising due to increased demand. When one adds the costs incurred in maintaining the unit, the fees are rather high. Hence, selling the storage offers quick cash to help ease on the monthly bills.
As rates rise to tame inflation, citizens are becoming increasingly worried about their debts. To relieve this situation, selling the stored items and the storage itself can provide sufficient amounts to clear outstanding loans, increasing overall economic well-being.
Lifestyle Changes
Social media and influencers seem to be setting a simple way of life trend where people avoid accumulating too much stuff in their possessions. Hence, more people are realizing that they do not require storages full of belongings that they hardly use. Hence, there is a sudden wave to self-off items and dispose of the storage unit altogether.
Consequently, by copying each other, many Americans, mainly the younger generation, are moving into smaller houses in cities, especially apartments . This lifestyle change does not usually require one to have a large storage capacity like when living in a suburban house.
Digitalization of Storage
In the past years, people kept important memories like printed photos in albums, music in DVDs, and books in shelves of storage units. Nowadays, technology has changed all these as everything has become digital. For instance, photos are now stored in cloud spaces, movies are streamed online, and books are read on e-readers. This digitalization has eliminated the need for a physical safe storage facility, encouraging more people to sell their storage units.
These innovative ways of storage management also allow people to keep track of their belongings digitally. Instead of dusting the shelves in search of a file, technology gas introduced apps and softwares that arrange and organize your items in an orderly and easy to access manner. Hence, people are finding it better to manage their possessions more efficiently digitally than in storage units.
Sustainability and Environmental Consciousness
Environmental awareness is on the rise, and many people are becoming more conscious of their consumption habits. The concept of sustainability encourages reducing waste, reusing items, and recycling. By selling storage units, individuals are often selling or donating items they no longer use, contributing to a recycling economy.
There may not be a need to use fresh raw resources to produce new items where the old can be refurbished. Alternatively, used items, especially electronics, can be used to make modern ones by using some of the older parts. Hence, this approach not only declutters people’s lives but also promotes environmental responsibility.
Additionally, maintaining a storage unit contributes to increased carbon footprint. This comes from the energy used to power the facility to the emissions from transporting items to and from storage. By selling off unnecessary items and closing storage units, individuals are participating in measures to correct global climate change.
Conclusion
Although more Americans are selling their storage units, a large number are equally opting to buy for their own reasons. Storage units act as safe houses for personal items that you may always need but do not want to clutter your home. Hence, there will always be a balance between demand and supply, making them a long-term investment.