As of Monday, August 24th 2015; The news is all a buzz about the recent stock market crash in China and has people looking into their own economy. We question what the future has in store for us and whether or not we will be seeing a repeat of the dark days in the year 2009. The answer to our future seems to be a few days away. So far the U.S. economy seems to be doing well in comparison to other countries. Oil prices have come to $38 a barrel which seems to be good for the daily commuters and restaurants, but not so much for our investors. As of today we will have to wait it out until we can even make a prediction for the up coming months, but most people seem to like to still hold on to optimism, with good reason.
Christian Broda, having been a professor of economics at the University of Chicago and becoming the most recent managing director at Duquesne Capital Management, he has skillfully written many publications around the years of 2002 to 2009. Articles explaining the stock market and the global economy. With reports of U.S stocks only taking a minor hit and lower yields, we may still see in the short run an opportunity for U.S. citizens to purchase some much needed items such as: refrigerators, cars, stoves, ect.
The Nation has taken to Twitter; with some relating recent event to the Asian financial crisis of 1997 to random racial slurs and obscenities that actually have absolutely nothing to do with our present day predicament, but yet somehow it has found its way in relevance through random words being smashed together with the enthusiasm of a two-year-old with blocks. So far we can all give thanks that this has not devolved into a hashtag that will most likely be misused.