Great Challenges Ahead in US

Bullish and Bearish Market and the US

Balance is the first name of the game. Bullish and bearish markets are fitting for the fortune of the United States financial system without a lot conviction therefore far. The streak of slightest confrontation has not broken down and for every action there is a reaction. Good report is promising, but they are too intermittent to be called rotating points. The dollar is gathering some confrontation at existing level, even though the short and medium term trend stays bullish.

Great challenges ahead

In August, the ISM built-up investigation remained close to 50 for the second straight month. New guidelines stimulated up to 48.3 from 45, while employ slid from 51.9 to 49.7. The outline confirmed by the ISM services index, which rose somewhat from 49.50 to 50.6. As a result, inventories are increasing, while local and oversea demand is deteriorating. We are breathing in a stage of immense change and the timepiece of history would shortly end at a major appointment. On 4 November, a fresh President is going to be elected in the United States. Hope is increasing, but immense challenges rest in front of him. The fair-haired days, characterized by inferior overheads and strong funds, a nonviolent world, are over. Commodities are moving back from the highs and the tendency could carry on for not many more weeks or months. However, the long-term image is pointing to the positive aspect. During the bullish market of the previous century, farming and elastic merchandise has exposed the propensity to top each 30/33 year from high to high. The previous series ended in 1980. Therefore, the after that appointment for the bulls may be for 2010/2013, if the past repeats its track.