Recession Still Here
Recession Still Here!
Do you thing we’re in a typical recession? If you answered yes, you would be wrong. According to data there is nothing typical about what going on. The world markets are very showing volatility never seen before. In a typical recession, stocks will go up about six months before the economy. But it looks like the economy might need to recover first. Every time a few bad reports come out the markets drop like a bad habit, then go back up the next day. We need good results from the economy to turn the markets around. We need good reports from just about every industry out there. Right now the Insurance Industry is getting hit pretty hard. People are losing their jobs, which means there losing their health care, life insurance and even car insurance. These are only a few insurance products I have listed; there are a lot more out there. Sooner or later people will start to seek out a new life insurance rates, healthcare and auto insurance, but only when they find work. So let’s hope for some go reports on the economy this week.
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