No wonder that most people do not understand the economy. Bad side effects on the other often like what does well on one side. For example, would the stock market rises - a think this was good! But that was mainly due to the rising price of oil - bad news. But often the price of oil increases, because the "experts" believe that the economy improves, and therefore requires more oil in production good news! But this increase in oil prices causes, that the cost of living to increase - bad news. But this will help the gross domestic product (GDP)-good news! But then caused inflation - bad news. However, to improve good news is that inflation, the economy means. But then the Fed is concerned about inflation and interest rates - solves bad news! This causes that the value of the dollar to improve good news! But this hurts exports because now American products more overseas bad news costs! But this means that foreign products cost less in the U.S. good news! But the US company competitiveness - bad news doesn't hurt!
If we believe that policy analysis and political chatter is more hype than anything else can be said the same certainly to analyze economic news! You can easily see why economic news seems confusing often co. Economic news seems often confusing, because it is what - good for a consumer may be bad for another - what is bad for a company for another - what could be good for a sector of the economy bad for others.
The stock market is the most confusing often. At days, there will be "Bad news", the market often goes, while some days "good news", the market sometimes goes down! While the Dow or the S & P, etc., could rise, it does not mean that the Stock(s) that you will follow your example.
All too often for a sound byte media attempts to simplify economic news. The economy is very complex by definition. The only question that it should reach an agreement on, is that high unemployment is not good. But can the "experts" agree not even in this case, nor be a practicable solution.
This is the best way to get the economy thinking - the difference between a recession and a depression is that it is a recession, if it happens, anderen-to someone - it's a depression when it happens to you!
It is my belief that a healthy economy requires certain factors to apply low unemployment;- high consumer confidence; a strong manufacturing sector; and reduced government deficits. That is what we must call!
Richard Brody has over 30 years of consultative selling, marketing, training, management and operations experience. He has managed sales and marketing people in various sectors, seminars, as politics, economy, appeared as a spokesman on over 200 radio and TV programs, and regularly blogs on real estate, etc.. Richard is a senior consultant at RGB consulting, a Ecobroker, a license buyers agent (LBA) and licensed seller in the NYS in real estate. Richard has a consulting Web site ( http://tinyurl.com/rgbcons ); a blog ( http://tinyurl.com/rgbstake ); and on Twitter @ Rgbrody.
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