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.

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This entry was posted on Friday, October 31st, 2008 at 9:27 pm and is filed under Economy, Investing, Stocks. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.