Global Problem!

So far the out look for Wall Street looks like its going to remain somewhat okay.  And around the world the Asian markets seems pretty much flat as well.  The European markets will remain flat as well.  With the out come of Black Friday this year it seems that the hope of the U.S market will show good gains in the new year.  I heard that there was a 2 to 3 percent increase in sales over last year, is good.  But with all those deep discounts it will cut into retailer’s profits.  The retailers also showed a good Cyber Monday.  With all this holiday shopping it could very well stop the recession, and start to turn things around. But a lot of people think that it’s going to get bad over the next few months, which I hope doesn’t happen. Everyone already knows where in a recession, heck we’ve been a recession for over the last year, and could last another year. Lets hope for a good day on Wall Street on Monday of the new year, and days to come.

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This entry was posted on Saturday, January 2nd, 2010 at 12:56 pm and is filed under General Info. 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.