07.21
With housing starts falling and the number of people employed in US continuing to decline, there’s seems as if there is no end to the economic downfall. The fed continues to try to find outlets for recovery, but it seems as though they are running out of ideas. With all of the issues going on at US home front, there are still many economic woes brewing and on the way to surface overseas.
Countries such as Greece, Hungrary, Italy, Spain, and France are having issues with their debt. Some of these countries are due to possibly default on their debt during the coming Fall season starting as soon as next month. Hopefully they will find a solution that will come to there aid, but things are still up in the air at this point. What will this mean for the markets? It will mean strong volatility going into the Christmas season, and possibly a second dip recession. Only time can tell, but the economic recovery seems to have hit some shaky ground.
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Until next time,
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