After being down for 3 straight weeks, the marketplace was up for four straight days recently, was down 107 points on Tuesday of this week, but then recovered 46 points the other day. So it's now been up five of the last 6 days.
In the United States we are having a little bit of a problem with this concern. Inflation, economic crisis, real estate, credit crunch and unsteady stock market all big issues, as retail sales, shipping orders and figures plunge. We are clever enough in the US to fix our issues but will we? On the other hand it appears that our problem with subject like math in the schools stems from concerns in the house too. Moms and dads really do not desire their kids to be too brainy. This is one reason why parents are not as worried about mathematics and science in our schools. The "Brainy" individuals are often social outcastes and moms and dads do not want their kids to be unpopular. Possibly we need to alter our social focus on this problem?
This consumer conduct is absolutely the incorrect way to deal and cope with an economic downturn since it will not relieve it, but make it worse. Worry is the wrong response! Panic is not how you leave an economic downturn!
You can sell all your assets with the risk of taking a loss and stash everything away under your pillow and await much better times. Or you can keep investing like I do and average your costs.
And if everybody is click here now keeping a tight grip around their wallets, it is then no surprise why business are earning less earnings and can't grow anymore. It's no wonder why some business - particularly smaller ones without a huge financial cushion like GE or Microsoft - encounter trouble having to close down even!
No, this amount they were recommending would merely suffice so that the Greek government could use the money to write a check right back to their lenders. And the cash to settle THIS loan (plus interest, naturally) would come in the form of even HIGHER taxes, even GREATER losses of social services, and even MORE nationwide service and facilities being cost cents on the dollar to international banking interests.with essentially no hope of getting out from under economic sectors the squashing weight of the banks' terms.ever.
Maybe a couple of more appealing economic reports and excellent news from the real estate industry, in addition to additional development on the European debt crisis, would even reverse the plunge in customer confidence. Self-confidence may not be as alarming as the index suggests anyway. It was reported Friday that although individual income increased only 0.1% in September, individual spending jumped 0.6%. Customers appear to have sufficient confidence to still be spending.
That basically raps up the circulation of our discussion at the coffee shop on Sunday, what did your think tank discuss? Maybe you should start a think tank yourself? All the best, Lance.