Stocks Outlook
What is the US Market outlook next week Oct 22-Oct27 2007 and the rest of Q4 2007?
What is the prediction on the oil price? And Commodity price such as gold? By the way, I live in Indonesia, will the Indonesian’s Stock prices be affected by the uprising of oil price?
As long as the US dollar goes down oil should be cheaper for you but you will lose out on sales to the US.
The next few months may prove to be the craziest marketwise for decades. There’s a lot brewing economically and politically between nations. At times it feels as if we are at a new cold war. Some countries are talking of dropping dollars as their currency of choice for transactions. This would hurt the dollar even more.
Bush has been quite quiet lately. I bet we are going to see new terrorist attacks this fall – november or december – which will cause more turmoil. In addition there is always the Iran situation.
Finally there are a lot of people in denial or talking down the situation to improve it. Wait and see if these people will take responsibility for their words.
Traxis Partners’ Biggs Discusses Outlook for S&P 500: Video