Users Online Now:
2,036
(
Who's On?
)
Visitors Today:
1,971,275
Pageviews Today:
2,910,688
Threads Today:
796
Posts Today:
16,495
11:41 PM
Directory
Adv. Search
Topics
Forum
Back to Forum
Back to Thread
REPLY TO THREAD
Subject
American Consumers Are Still Struggling And That’s Bad News For The Market
User Name
Font color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Indigo
Violet
Black
Font:
Default
Verdana
Tahoma
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:KoFFee_:MV8yODM1MjQ5XzQ5Nzc1OTE0X0FCNDYxQzAz] [b]Can China challenge U.S. economic dominance with a new bank?[/b] [i]The Chinese-led Asian Infrastructure Investment Bank is signing countries up, challenging institutions like the World Bank and International Monetary Fund (IMF) and threatening U.S. economic dominance in the process. The Chinese launched the bank in October 2014, and despite U.S. attempts to keep its allies away, several have applied to join the bank. Britain, Germany, France, Italy, Austria, and now Australia - which originally said it wouldn't join - have signed on. Earlier this week, Iran signed on as a founding member.[/i] Read more: http://www.cbsnews.com/news/can-china-challenge-u-s-economic-dominance-with-a-new-bank/ [/quote]
Original Message
From a technical standpoint, the American economy is looking good. The economy has been adding on average about 200,000
new jobs a month and unemployment is down to 5.5%. The stock market is also booming and the housing market is on its way
to matching prices from before the housing bubble crashed.
Unfortunately, for the average American consumer, it sure doesn’t feel like a recovery. When you look behind the main
indicators and start digging into consumer data, you’ll see a few troubling patterns. The average consumer is struggling
and buried under debt, and that is nothing but bad news for companies, the stock market, and the entire economy.
Read the rest here:
[
link to goldiraguide.org
]
Pictures (click to insert)
General
Politics
Bananas
People
Potentially Offensive
Emotions
Big Round Smilies
Aliens and Space
Friendship & Love
Textual
Doom
Misc Small Smilies
Religion
Love
Random
View All Categories
|
Next Page >>