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question for trader1

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question for trader1 [#permalink] New post   16 Jul 2008, 13:32
trader1, do you think the economy is in good shape or bad shape? why?

others, please feel free to weigh in.

:shock: :!: :?: :idea: :arrow:
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Re: question for trader1 [#permalink] New post   25 Jul 2008, 11:38
citalfo wrote:
trader1, do you think the economy is in good shape or bad shape? why?

others, please feel free to weigh in.

:shock: :!: :?: :idea: :arrow:


This is a too broad question, you mean Global Economy? If so, although there are areas with bad forecast, still some countries are performing well - Brazil, Middle East and South East Asia for instance - but that may be affected badly in the coming futures as the developed economies will consume less and drive less growth globally.

We haven't seen yet all the damage from the "Credit Crunch". Now loans for students have been canceled, imagine when people start defaulting on credit cards. And worse, with rising prices on foods and energy things can get pretty nasty.

I hope I'm wrong, but I don't see things going to a better mood yet.
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Re: question for trader1 [#permalink] New post   27 Jul 2008, 14:24
citalfo wrote:
trader1, do you think the economy is in good shape or bad shape? why?

others, please feel free to weigh in.

:shock: :!: :?: :idea: :arrow:


Well, my opinion is just an opinion. I'm hardly an economist. Just someone who has a deep interest in the markets and reads a lot about them.

But, before I go further, about which economy are you asking? I'm glad I'm not the only one who thinks this is too broad a question :)
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Re: question for trader1 [#permalink] New post   28 Jul 2008, 17:51
i was actually just kidding with my question, because the topics on this board are hilarious; they make it seem like today is doomsday.
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Re: question for trader1 [#permalink] New post   29 Jul 2008, 05:26
citalfo wrote:
i was actually just kidding with my question, because the topics on this board are hilarious; they make it seem like today is doomsday.


Well, that's how you interpret them. What's your "doomsday scenario"? May be different for you than for me.

Only point of my topic selection and presentation is to raise awareness and provoke discussion about economic and financial market developments. My motto is to expect and plan for the worst while hoping for the best. In other words, be your own (or your family's) Risk Manager!!! :)
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Re: question for trader1 [#permalink]
29 Jul 2008, 05:26

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