Tuesday, November 13, 2012

The Markets today and the Direction of our Economy



   If you look at what the markets have been doing since the election, I think it’s a clear indication that investors are worried about what’s not going to happen.

  If you look at what the stock market did, it immediately dropped, because investors don’t know what is going to happen…more of the same, or something different.

  Investors need some kind of solution about the ‘Fiscal Cliff’, or some kind of indication that we’re getting a solution. If not, the markets will get uglier.

  Fortunately for the U.S. it looks like we’ve gotten away from the European issues (problems of just spinning their wheels with no improvement), because it looks like the U.S. economy, can gain some traction. But if we don’t see something by our government soon, all will grind to a halt.

Bruce Cortez
Follow me at http://www.Twitter.com/StockMktTeacher

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