Presented by Daniel Toriola
There are tools to help anyone interested in creating wealth in the stock market. Whether you are currently
active in the stock market or just starting out, there is an easy-to-follow guide that shows, step by step, how to
turn round an investment
Click here to know more
Not All Web Hosts Are The Same. Some Are Really Responsive To Customers. Backed By a 30 Day No
Questions Asked 100% Money Back Guarantee, 99.9% Uptime Guarantee. Read What Our Clients Say About Us!
Click here to know more
Economic Crises
By Jason P. Jones
The steady stream of positive economic news may indicate that the US economic crisis might be
nearing the end. Less than three weeks ago we witnessed the stock market plummeting to very low
levels, the unemployment rate surging to it’s highest level in recent years and the housing industry
hemorrhaging even more.
The Dow Jones industrial index is at its lowest just hovering at 6,926 points. The unemployment rate
has reached a 26 year high, pegging at 8.1 percent for the month of February. The unemployment rate
is even expected to reach 10 percent by the end of 2009. On the housing front, First American
CoreLogic, has estimated "about 8.31 million properties had negative equity at the end of 2008". These
negative trends could send the foreclosure rate higher if homeowners walk away from their homes.
But now, everything seems to be reversing, if the current news and trends are to be believed, the
economy might be on the recovery stage.
It all started with the Citigroup's announcement that it no longer needed government money to stay
afloat and since January 2009 has been profitable. The day Citigroup announced they made a
substantial profit the first two months of 2009 the Dow Jones Industrial average jumped to 7,198 points
and rallied further throughout the week.
This good news was also followed by the announcement of the Commerce Department that the home
and apartment construction has risen by a hefty 22.2 percent in February compared to the month of
Janua