Posts tagged Global Economy
How to Time the Market

I was recently holding an open house when a curious neighbor came into the home to check out the new improvements and ask about current market conditions. After showing her the home and added value/improvements made by the seller—and asking her to tell everyone she knew—I briefly explained that we are going through a market correction, which began in mid-May (like a light switch on May 10th), and touched on the probable causes. I went on to say that current market conditions seem to have stabilized: generally, sales have increased and inventory began decreasing around mid-October (I saw it October 18th). I summed it up quickly with, “I believe it’s a great time to buy.” She looked at me and said “yeah, but what would you say to your friend or a family member. How would you advise them?” I shrugged and smiled as I replied, “I just did.”

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The U.S. is Named Most Competitive Economy in the World

The World Economic Forum recently released the annual Global Competitiveness Report, naming the United States the number one most competitive economy in the world for the first time since the early 2000s. According to the report, the nature of economic competitiveness is shifting, as economies are “increasingly transformed by new, digital technologies,” which are “creating a new set of challenges for governments and businesses.” The United States is followed by Singapore, Germany, Switzerland and Japan.

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