Todays so call recession?
think its worse than 2000-2002? or not as fruitless? how long u guys think it will appropriate to recover this one?Answers: It does depend on a large amount on the Fed. The Fed started cutting rates logically early within the downturn, but not aggressive enough very soon.
The Wall Street economists are now predicting terrifically aggressive rate cutting going forward, but we haven't see it yet. If it doesn't take place real soon we are surrounded by trouble. But if it does, it may not be too bad.
The other answerers enjoy plenty of bad word to talk in the region of, but there is some correct news for stocks. Interest rates are fundamentally low. Inflation hasn't gotten bad (yet). Many non-US economy are still very strong & import lots from the US.
more worse.
a long long long time.
usa sure effed themselves big time.
considering the huge debt they're pilling up, and the taxation is low, unemployment rate is rising and canada does not trade near them as much as they use to (now that we trade with other countries), thus substandard federal gov't revenues and more problems in the fundamental future, especially that they still involve to invest into education, regulation, and roads/construction and welfare... otherwise, usa will be a poor poor nobody =\
it won't go wager on into prosperity for a long while, but it'll go fund into a neutral state after frequent years, that's near recession and at a percentage rate of -1% - 2% . >_>;
considering that it doesn't own universal strength care, it'll create a heck lot more problems when it comes to people's mentality and physiology.
i penny-pinching, my texas friend's parents are technician and a nurse, my two parents who works in a factory and rather store earns more money than those two. what's the problem here? >=\
oh, it'll affect us too, lately not as much.
2000 - 2002 was not a recession. It have very strong housing bazaar growth. The change next was that money be moving from stocks to houses. And, in corporations, employment be moving from onshore to offshore due to tax advantages. There be job losses. But, overall, the cutback was still growing.
This is different. There is no noticeable growth in the US. Gold have now surpassed $900 per ounce. This is a transcript. It means the US dollar hasn't much merit. And, as we lower interest rates, we're making it even worse. Then, printing money to bail out banks, that again make it worse. A tax cut, to store this, won't do anything. Bring strength back to the dollar. This ability making wise investments. It way stopping the endless lolly flow into a useless war. It mode paying down debt. It means raise taxes and lowering expenses. This will create value for the dollar. Change the levy laws so it doesn't favor offshoring. this will bring job back to the US. Use tarriffs (tax to foreign countries) to stability wage variances. Common sense.
The 2000 recession was because of over optimism contained by the tech market.
What we're looking at in a minute is worse.It involves housing.
Too many race took out loans that they knew they couldn't afford.
Too masses lenders extended credit that they knew they shouldn't own.
The problem now is that the Fed requirements Uncle Sam to give our toll dollars to fix a mess that was cause largely by irresponsibility on the part of borrowers and lenders.
The lenders be greedy.Now us taxpayers are suppossed to bail everyone out.
Some of us , myself included , saw something wrong with the lend practices of the past few years , and stayed away.
But very soon we're suppossed to accept this hottest waste of tariff dollars.Why should I pay for these peoples homes? I know well adequate to save my money , and not sign for a loan that I be "qualified" for , but they would give me anyways.
Now these individuals are screaming for help , and who's going to free them? The American tax-payer , that's who!
I wish I could receive a home loan on Uncle Sams dime!
Yes! We ARE headed for a recession. Homes are self foreclosed , and no one can qualify for mortgages in a minute.
But the qualifications are no different than what they SHOULD hold been!
It's harder to get hold of ANY kind of loan presently that lenders are losing money.That means not as much of car loans , a lesser amount of personal loans , fewer credit cards man issued.
That means smaller quantity money flowing into the economy.That equals smaller quantity tax dollars rolling surrounded by , and you better believe that when Uncle Sam ain't gettin' paid we ALL discern the squeeze!
"So-called-recession"? No. We're headed for a REAL recession. Look at the stock open market! It's dropped like a brick!
But it ain't adjectives bad word.Regular investors (like myself) know that everything is on-sale right now , and will be for a while!
This one depends on two things - the US government willingness to failure the slide (depreciation) of the dollar, and the Fed's decision on reversing Greenspan's Housing Bubble burst. I expect a partly point cut in 2 weeks, followed by 4 more quarter point cuts. By voting time, the reduction will be picking up...
Is the Fed waiting for me to buy put contracts to lower interest rates?
I am a target investor. They are watching my IP address for action contained by trading.Answers: No. The Fed has already lowered interest rates.
Which is Better? Easy-Forex or FXCM?
Here's my category:1) efficiency and response time
2) improve of payment and subtraction
3) competitive commission
Answers: FXCM is much better. They have a appropriate support and competitive comissions.
You can read reviews about FXCM and Easy-Forex at http://www.forextopten.com/forex-broker. .
FXCM is better as far as the pip spread which will relief in profits. The problem beside both is if you fund an account and enjoy one of their traders do the work for you, they first collect fees then invest so your investment dollar is reduced. If you are serious going on for forex I suggest http://www.freewebs.com/mnthighinvest The reason is it contained by an investment club so no fees second they don't risk all your funds surrounded by just one type of investment and third you can revise about forex as they transport out weeekly newsletters telling member what took place that week and why. Good luck in adjectives your investments!
Bob