Analyst, Martin Weiss in his blog Money and Markets says we are in a period of economic topsy-turvy the likes of which happens about once in half a millennia. Essentially, the western powers have spent their way into near bankruptcy while the rising eastern powers have saved and conserved their resource-rich lands so we are likely to see the ascendancy of China and other so-called third world powers over the next generation.
The traditional stock market has shown so much volatility that “buy and hold” Investors using stocks and bonds to fuel wealth have been on the losing end. Since 2007’s Dow high of 14,093 the market has been up and down on a constant roller-coaster ride that does not show any signs of stabilizing and may well forge back down to the 6627 mark as it did last year. The bond market appears ready to burst. American and European currencies are weak.
Where is the Investor to go? There is no doubt that the housing market mimics the volatility of the stock market. Investing in new construction or construction companies would not be a smart move right now. On the other hand, every indication is in place, unfortunately, to expect many more years of high foreclosure rates for both residential and commercial markets. While the number of f... Click here to read the rest of this article about economic recovery
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