Well,today I am joyful to start back writing my business and stock investment analysis on a weekly basis. Except for the nagging sneezing and sniffles I so happy to get back in the saddle with my laser point critical focused reports. Today is Friday and yup you guessed it right I didn't unfortunately make writing my Wednesday resume to writing here. Well,I am back in the saddle again,ridlin my horse or critical analysis and sometimes being a crisis analyst. Lol.. Ok.. Let's get into the points of interest so my readers can start Yellen at the markets too.. Ok I guess I couldn't resist that one because agrees back again tinkering with the Fed interest rates. By now you kinda figures it the very famous Janet Yellen that is Fed Chair Bankers favorite pet and the stock markets Alcoholic and Tums prescription drugs dependency. Yes,when she excitedly exclaims how wonderful it's going to be with another federal interest rate hike. Investors and even bankers worldwide go what? Oh No! Not Again!! So,that is exactly what's going on with her Fed Bankers peers trying to put a smooth spin on her propensity to be Yellen at the markets,business and bankers globally. Worries have this weeks investors and business people preparing for the worst with moving their investments offshore to safety zones. On the lighter side of things the economy chugging along at average 4% for this quarter is helping provide some hope of the ongoing recovery. The problem ia for all this bridge to bright spot that were walking on looking forward we forgot to look at the tree stump of new increase in unemployment claims which added another 60,000 to the 244,000 already in the system. So,we just fell flat on our face with no paying jobs available in the economy. Getting up off the ground,looking so much hope at other good peaches we decided to try eating one but that is a bitter one. Why? The stock markets overseas went into the toilet with Canada down average 55 points,Asia markets drowned themselves into red zone average 245 points,Europe got shot lighter with average 15 points, the good peach that we pulled out of this bitter basket is America market up 3.65 average on the Down Jones while other US markets post average 7 points. Housing starts,new home sales jumped to a all time record high. Record investment in new property purchases help drive the leaders over the declining issues by a small margin. Health care sector output out performed other sectors which is another economy bright spot. So,overall this week got some things briefly to cheer about but other economic factors caused investors and business people to weigh their options in bailout,move offshore or stay in the current portfolios and plan investments. I expect this to continue to effect investors and business,bankers and business people as they begin to looking at what to do from a prospective Federal Bank blood bath rate hike. So,this is how I see things shaping up for next week ahead about business and investment.
Have a Wonderful Weekend,
H.E. UN SG
H.M. Scotland
Hon. John Norton
