The European Euro continued it's slide making it difficult for investments in that market.
This week we have two indexs coming out,ECI on Thursday and GDP on Friday.
The ECI-Employment Cost Index is the indicator on how much labor costs increased from the last quarter (3rd),of course the lower the number the better.This number is expected to remain the same at 1.0%
The GDP-Gross Domestic Product is the indicator of how much the economy grew.They expect this number to be slightly higher then the previous quarter at 4.0%,this is mainly due to energy prices.
The inflation indicator "GDP" is expected to remain the same in spite of energy,this is mainly due on other factors that were relatively without a major increase.But this most likely will change as we move closer to winter.
This month will show a considerable out flow of money from mutual funds,a first major shift since 1998,as more investors get to review there accts and showing some concern about there investments.
This shift of out flow should not be a major concern for investors who have mutual funds and should continue to observe all the indexs as the time warrants.
Investing in equities is a long term play and the present situation, although can present a problem in the short term the proven ability of the market has always been meant for the future.
Solid investing.
This week we have two indexs coming out,ECI on Thursday and GDP on Friday.
The ECI-Employment Cost Index is the indicator on how much labor costs increased from the last quarter (3rd),of course the lower the number the better.This number is expected to remain the same at 1.0%
The GDP-Gross Domestic Product is the indicator of how much the economy grew.They expect this number to be slightly higher then the previous quarter at 4.0%,this is mainly due to energy prices.
The inflation indicator "GDP" is expected to remain the same in spite of energy,this is mainly due on other factors that were relatively without a major increase.But this most likely will change as we move closer to winter.
This month will show a considerable out flow of money from mutual funds,a first major shift since 1998,as more investors get to review there accts and showing some concern about there investments.
This shift of out flow should not be a major concern for investors who have mutual funds and should continue to observe all the indexs as the time warrants.
Investing in equities is a long term play and the present situation, although can present a problem in the short term the proven ability of the market has always been meant for the future.
Solid investing.
