What is Really Happening in today’s Economy

Oil price are tumbling. The sharp rise that affected every product that we consume is now held at bay. Is this just a temporary stopgap before elections this November? Alternatively, is it a true economic trend? Some products within the market have even fallen or in reality found their true level. The Fed has held interest rates after a continuous rise to slow the overheated real estate market and rising economic growth. These are just a few of the indicators that make up today’s view.

The big question? Where are we going? I think the answer is really an unknown. Both sides of the fence can equally claim the way they see it, is the new direction. I say we are a point of wait and see. There are too many unknowns rite now. The elections, the war in Iraq, Iran’s refusal to stop their nuclear ambitions, the so-called peace in Israel with Ham mass starting a new buildup on the Lebanon border. Will oil price continue to fall or turn back upwards?

A best answered is, do not follow any one of the many promoters pushing their wares for their own gains. Wait, see, and let your judgment point you in the direction, you will see a true trend developing in the near future.