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The Year Of Unemployment?
This year is expected to be filled with debates, and there are concerns about the employment situation in the economy. If unemployment continues to worsen, it could trigger negative effects on the markets. Four major warning signs, represented by "red lights on the dashboard," indicate a potential economic downturn. The worsening unemployment situation, as evidenced by increasing continuing claims from people who can't find jobs after being laid off, indicates a broadening problem. This could lead to financial market instability, specifically in credit spreads, which is a significant factor in causing market declines.
Watxh more of this short video from Hard Landing Doubters Ignore The H.O.P.E. Data At Their Peril | Michael Kantrowitz.
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There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?
Let us help you prepare your portfolio just in case the future brings one or more of the following: inflation, deflation, a bull market, a bear market, a market correction, a stock market crash, a real estate bubble, a real estate crash, an economic boom, a recession, a depression, or another global financial crisis.
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