It’s Friday again and time to look back on the week. It has been a good one except for the stock market concerns over the lower price of oil. I can never figure that one out. A lower price of oil means lower cost of manufacturing and travel. A lower cost of manufacturing and travel means more income. More income means more discretionary spending. More discretionary spending means better profits. Better profits mean a healthy economy. OH, I GET IT NOW! The street is worried about rising interest rates. So yeah, let’s sell off all our stock because we are worried about a .25% increase in interest rates. Investing in the market should be called gambling on the market. Today’s JohnKu talks to a gamble and the market.
The Market by John W. Howell © 2016
Take your earned money,
Throw it hard against the wall. . .
Yours to keep has stuck.