Monthly Archives: August 2010

August cross roads?


How quickly sentiment changes on news that evolves on a regular basis. The world financial markets trade significantly higher the first trading day of August due to renewed hope and optimism that the economic recovery is still on track. Just a few weeks ago most of the chatter was about double-dip recession, China’s slowing economy and the high unemployment rate. Depending on what you want to hear, there’s an expert for every theory floating around in cyberspace aligned to their own interests. Clarity is imperative on how one would take action during these uncertain times. More info shall be revealed in the coming months before the end of the year which may provide a clearer picture.