Listen to the pundits on TV, the political bobbing-heads, or the USA Federal Reserve leadership and just about all you hear is that “things are getting better and the economy is looking up.” Are they pulling a 1984-esque mind trick on us by telling us the new “down” is the “up”?
Economic indicator charts are definitely pointing downwards. That is definitely not a good sign of things to come.
Charts like these are often used by investors to take a forward peek at the economy, like looking into a crystal ball. Some economic indicators give investors a glimpse of the economy as far ahead as 6 months to 9 months. As you can see, there isn’t a positive comment to be made. What does this mean to the average American?
It suggests that, if you have not yet done so, this would be a great time to go talk to a certified, qualified financial planner about wisely investing any savings you may have. AND, you ought to read every Nugget on my website pertaining to “Jobs”…how to make yourself more valuable and how to prepare for the loss of your job, in case that happens.
Today, as I write this, is Sunday, Feb. 14, 2016–by the way, Happy Valentine’s day. Last week we saw not only the USA stock market get hammered. Just about every other stock market in every country has been hammered as well. And the pummelling is likely to continue. Get yourself ready for a much more difficult time in the American and global economy.
We can’t escape the demographic curve. You and I are part of it. But we can prepare ourselves for an economic crisis, in case the economy forces one upon us.