Consumer spending has long been the engine of the US economy, which is what made the social lockdown policies put in place against COVID so devastating. By forcing the public to stay home, the policies effectively shut down the main source of economic activity. Fortunately, we are now on an upswing; COVID is on the wane, most of the restrictions have been, or are being, lifted, and economic activity starting to buzz again. A flood of cash, from stimulus checks, tax credits, and accumulated savings, have put consumers in a spending mood.
https://www.tipranks.com/news/article/wells-fargo-says-these-2-stocks-could-spike-over-60-from-current-levels
Affimed NV (NASDAQ:AFMD)
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Affimed NV (NASDAQ:AFMD)
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From Dec 2020 to Dec 2021 Click Here for more Affimed NV Charts.