Everyone has their own opinion, and there is plenty of speculation on the state of the stock market and the overall economy, but what do you think? I’ve heard some analysts say that after the better than expected earnings of many companies, including some of the financials, that the worst is behind us. Others predict this will continue for another few years.
I’m not even real sure myself where we are, and where we’re headed. Inflation is becoming more and more of a concern, and even if we’ve seen the worst of the credit crisis, that will certainly hold things back. And the Fed doesn’t have much room to make any interest rate decisions right now, because even with high inflation, the option to raise rates certainly wouldn’t bode well for other areas of the struggling economy and underlying markets.
While I do think that some of the news that has been coming out lately is better than the past few months, I’m not quite sure we’re out of the woods yet. But that being said, I also don’t think we’ll see the bad news last too long into next year. Then again, I’m not an economist either. So, where do you think we’re headed and when will the bleeding stop?
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About the Author: Jeremy Vohwinkle is a Chartered Retirement Planning Counselor® and spent a few years working as a financial planner. Today, he helps people make the most of their money by writing about personal finance here and elsewhere on the web. Jeremy is also Coach at Adaptu and a regular contributor for other publications such as Intuit, and American Express. Be sure to follow Jeremy on Twitter or Google+.