AROUND THE AREA IN CASE THERE ARE MORE RABID CATS. ASIAN STOCK MARKS FELL WITH A PLUNGE. THE SELL-OFF IS STOKING FEAR OF A POSSIBLE RECESSION. INVESTORS ARE WAKING UP WITH A PIT IN THEIR STOMACH. YESTERDAY’S STOCK MARKET FREE FALL WAS THE BIGGEST ONE-DAY DROP OF THE YEAR. THE DOW LOST 800 POINTS, ROUGHLY 3% OF ITS VALUE. MARKETWATCHERS SAY BONDS ARE TO BLAME. NORMALLY INVESTORS EARN HIGHER INTEREST ON LONGER IT BONDS THAN SHORT TERM ONE. YESTERDAY THAT FLIPPED ?ROOSM LAST TIME THIS HAPPENED WAS IN 2007. THAT WAS RIGHT BEFORE THE GREAT RECESSION. SO PEOPLE ARE WONDERING IS THIS GOING TO HAPPEN AGAIN. ARE WE GOING TO SEE ANOTHER RECESSION. A GLOBAL ECONOMIC SLOW-DOWN MAY ALSO INFLUENCE THE SELL-OFF. CHINA EMBROILED IN A TRADE WAR WITH THE U.S. GENTLEMAN BAN’S GROWTH DECREASED TO 1.8% AND GERMANY’S ECONOMY SHRANK ALONG WITH MUCH OF EUROPE’S. THERE’S A SILVER LINING ACCORDING TO JILL SCHLESINGER. THE COST OF BORROWING IS DROPPING. IF YOUR FAMILY CAN AFFORD IT NOW MAY BE A VERY GOOD TIME TO MAKE A LARGE PURCHASE LIKE A HOME WITH A MORTGAGE OR CAR WITH A CAR LOAN. AS FAR AS WHAT YOU SHOULD DO WITH YOUR RETIREMENT SAVINGS, DESPITE THE UNCERTAINTIES EXPERTS PREDICT GROWTH. INVESTORS ARE ADVISED TO THINK LONG TERM AND STICK IT OUT. SOME EXPERTS SAY WHAT’S GOING ON WITH BONDS WHICH ECONOMISTS CALL AN INVERTED YIELD CURVE KIPICALLY OCCURRING TWO YEARS

Tagged : # # # # #

Leave a Reply

Your email address will not be published. Required fields are marked *