While the economic recovery maintains growing profits, major U.S. banks anticipate one of their biggest profit years ahead — such as major players J.P. Morgan Chase and Co. and Citigroup. 

The result has been fierce competition among buyers for a very limited number of homes. Also, fewer new homes are being built because of the pandemic, and older homeowners are reluctant to sell. This makes already high prices even higher.

As 2021 was barely on its feet, the U.S. economy began to take on a rapidly new look as, under President Joseph Biden's direction, 80 percent of American’s vaunted energy base will be eliminated.

Even before the coronavirus global pandemic started America’s steepest economic downturn since the Great Depression, China inhibited attempts by President Donald Trump’s administration to curb China’s exports into the United States with heavy tariffs.

When the COVID-19 pandemic struck like a thunderbolt in late February 2020, the financial results were expected to crash the stock and bond markets, while the money available would be withdrawn or kept in the banks.