InvestYoung

Stabilization In Global Markets!

If you didn’t already know this, U.S. stocks posted their best week in 34 years. This week seemed to have more ups than downs. And not just here in American, but around the world. It seems that the world markets are showing signs of stabilization. But don’t pack your luggage yet and take that huge family trip. There are still a lot of signs out there that are pointing to harder times and with a chance of a recession. We just had a really bad quarter that showed we’re in a shrinking economy. If we have an another quarter like the last one the country will be considered in a recession. And there’s a good chance it could go global. We as American need to get back to our spending habits. I don’t mean go crazing and charge things you can’t afford, just don’t hoard it. Make the right choice, and only buy things you can afford.

Politics!

With only a few days left it’s still really anyone’s game for President of the United States. I do know and read a lot of polls that is giving the White House to Obama. But these are polls, and people never tell the truth when doing a poll. I’ve seen a few polls with Obama with an 8-point lead. And then in another Obama is head only by 3 points. My wife told me she seen a poll that showed McCain leading. Here’s one of the things polling companies don’t tell you. There’s always the high chance that some will say whom there voting for but never make it to the voting booth. The way I feel is, who ever gets in the White House they better make this country a much better place to live, that’s all I want.

Cautious Trading!

How will Wall Street end today? That’s the biggest question flying around right now. This month as been one of the worst on record. A matter of fact this last quarter has been one of the worst as well. By ending this one on a high note could bring fair results for the next few months. Right now Americans have very little to no confidence in Wall Street or the U.S. Government. I sure have no confidence in the Wall Street or the U.S. Government. The main reason I feel this way is because of the shrinking economy and my investment portfolio is in the trash. And yes I know I’m not alone, we’re all in the same boat. Hopefully things will break and turn for the better, which’s what I’m hoping for.

Out Of Money!

Most Americans out their have just stop spending their money. And I can’t say I don’t blame them, because I stopped spending too. And the GDP report that came out today proves this. We’re cutting back on everything you can think of. And more and more of us are asking ourselves before we buy it, do I need it? Are spending hasn’t been this bad low in about 28 years. We’re heading for national and world recession. And a lot of the worlds top economists say tougher times are still ahead. Wait till Christmas time comes around, retailers are not going to like this years spending. I know my families cutting back and a lot others are as well. If next quarter results are down we will be considered in a recession. That would make it two straight quarters of shrinking economy. Then that’s when the world markets will crash.