Personal Finance
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 9 years ago on . Most recent reply
Your Thoughts on Politico Story- Will the Economy Tank in '16?
Anyone read this? If so, what are your thoughts per investing in properties, notes, stocks, etc.?
http://www.politico.com/magazine/story/2016/01/economist-forecast-2016-213499?o=0
Most Popular Reply
Stay out of equities right now. The S&P closed out negative for 2015 and has been downhill since November. Just yesterday the DOW had its biggest opening day loss since 2008. Global markets are slowing and earnings per shares for many companies are starting to stagnate. There's nothing positive going on in the market besides two things: a) unemployment is down (negated by decreasing participation rate) b) inflation close to fed target (skewed due to energy crashing). Best to wait it out.