These appear to be turbulent times for the U.S. economy and stock market. On the upside, the gross domestic product rose 4.2 percent in the second quarter and 3.4 percent in the third quarter, exceeding the Trump administration’s 3 percent target. And the unemployment rate is at a record low.
Recent events, however, have taken a turn for the turbulent, with the stock market dropping 16 percent since early October and the Federal Reserve voting to raise its benchmark interest rate by 25 basis points to a range of 2.25 percent to 2.5 percent. The Epoch Times went to Wall Street to ask New Yorkers for their opinions on the current climate, and whether they are feeling bullish or bearish:
