China slowdown and probably more money printing by ECB and the U.S. Fed in the next little while. If more bad economic data comes out of the American economy, then markets will react negatively.
Gold is good for this uncertain environment as well as credit products (bonds) from emerging economies.
Three years into this supposed “recovery”, as the U.S. Government would have you believe. The American economy is really doing worse than when they started injecting printed money into the markets. The fact is the U.S is already in a “Depression”, there are many economist and statistics that have already proven this but mainstream media controlled by the government of course will not release this to the public.
I am glad Bloomberg is recognizing that the tech earnings hasn’t been that great. I’ve been noticing this and trying to figure out the disconnect between what is going on with the NASDAQ. The majority of tech reporting bad earnings but the NASDAQ is still at lofty levels of 2900…there is a big disconnect here.
The number is staggering how many households are on foodstamps and disability amid the recent news that the level of poverty today is at its highest since 50 years ago.
There are a lot of people suffering in the U.S.A, yet I still cannot believe the U.S Government continues to advance on its war plans into Iran. The truth is the politicians say they are pulling out of Iraq and Afghanistan, however that is the furthest from their intentions which is “occupation” of those countries and it is costing American taxpayers trillions of dollars.
The transports are always a good indicator of where the economy may be heading, and the fact the UPS (United Parcel Service) has cut their forecast and is possibly laying off people is not a good indicator.
This usually means that companies/business and people worldwide are buying less which reflects in less goods being shipped. All a sign of a slowing economy.
6 quarters (1.5 years) of slowdown, so the IMF think it is bottoming (this view is too optimistic). I think there is more slowdown to go. One thing to remember is that when Europe’s and America’s economy slows, China manufacturing will slow, which means Chinese citizens losing their jobs.
If unemployment in China gets worse, then people spend less over there as well, affecting their domestic GDP. Now, we can how see high unemployment has affected the U.S economy, it may have the same effect in China.
