ECONOMIST CORNER
Good day
One will argue that the economy cannot be day traded. Reservation for technology, as in financials companies have more cash than ever. The technology allows business to cut back on hiring and dismiss many not needed departments. Due to the gravity of the financial situation in the US Exonomy, Americans have shown resiliency by not releasing employees which has brought corporate profits down. These actions help the economy but hurt the stock market. The recession seen in corporate profits which according to WIDE WORLD OF TRADE REPORT corporate profits should be a live economic indicator like would a retail sales or unemployment numbers would be presented.
With that being said. The change of the plan to raise the interest rate in the US Economy will cause the stock market to experience even higher levels of volatility in late 2017 through 2019. Gold prices could rise respectively and takes its place in the investment as the safe hedge. Meanwhile energy companies will be once again very popular as their earning growth out paces the US Economies recovery. Oil seems to have been staggered by technology, but in the long run from an environmental eco colonic approach to not just the US Ecojomy but the emerging markets in general, oil will be looked as coal is today in the short term.
Thank you and have a great day.
ECONOMIST CORNER is a member of THE IZ CORP EXCHANGE.
