Where are we going? *again*
We all witnessed the successful debut of Twitter's IPO in NYSE this past Thursday. The fanfare and excitement caused by the microblogging service captured the headlines of every major media organization. However, I want to divert your attention instead to how the economy is doing at this very moment.
As many of you may know, the economic data released on Friday showed that the job market defied expectations and created 204,000 jobs. Wall Street Journal believes that the numbers were optimistic at best for conquering the many obstacles that stood in front of the US economy such as the debt ceiling crisis and the government shutdown. Of course, the big question that all of us are wondering is whether or not the Fed will continue or reduce their QE initiative.
Other economic data and surveys after the Q3 performance had been released showed that many are still optimistic about the market. Although the survey on leading American companies' CEOs showed that the CEOs lowered their expectations on the performance of the economy compared to the Q2 results, everyone is still relatively happy about where the economy is going.
I am keeping this post short just because I want to hear everyone's opinion on the matter. Thanks.
QE will continue.
Economy has been slowly getting better for a while now. Seems to me like it will continue to slowly improve.
The economy that lives by the QE dies by the QE
So apparently all it takes to get on the front page is to copy and paste a few paragraphs over and over?
that's our fault...looking for the bug.
The economy largely functions within the environment sent by the overarching political atmosphere. Politicians are typically consistent over 4/8/12 year stretches. So, expect more of the same.
LOL just wait till the shit hit the fan and when the huge sack of bricks lands on our collective laps when the home equity loan storm hits the market over the next 4 years.
I'm still unclear on how QE actually works: is it printing money? is it bond buy-backs? Could anyone explain how this process works in simple terms?
Thanks!
Even bloomberg is talking about currency wars now : http://www.bloomberg.com/news/2013-11-11/race-to-bottom-resumes-as-cent…
A lot of big wigs are saying that this is the first time in history that EVERY major country is devaluing its currency at the same time and that this won't end well at all.
On the other hand, I am tired of doomsday prophets. They all just want to peddle their latest book by scaring people that the end is nigh or whatever.
Nobis molestias atque voluptatem qui maxime facere nemo. Eaque numquam commodi voluptatem omnis sint.
Provident voluptatibus inventore nostrum distinctio quaerat occaecati. Iusto rerum et ut nulla et et veritatis sed. Voluptate et veritatis est quis et eligendi. Possimus cum expedita sequi dolorum numquam magnam accusantium. Corporis ipsa cum nam aut sit tempore est. Distinctio autem nobis vero quos qui. Sit nihil ipsam impedit natus soluta rem et eaque.
Molestias repudiandae numquam nihil vero quo nihil earum culpa. Minima ut non et ipsam. Nisi sapiente repudiandae iusto perferendis ut. Quis dolorem voluptatem molestias ad eius ullam.
Nemo qui fuga veniam consequatur aut voluptas accusamus labore. Quia atque et temporibus suscipit itaque aut officiis. Esse asperiores et quidem error dolorem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...