9/5/2023 “The Sick Man / Rate Hold? / India”
Russell E. Towne | September 5, 2023 “The Sick Man / Rate Hold? / India
9/5/2023 “The China is Fragile”
AUTHOR: TOWNEWEALTHMANAGEMENT.NET/BLOG 9/5/2023: Towne Wealth Management BLOG:
“The Sick Man”
Germany is the ‘Sick Man of Europe’ — and it’s causing a shift to the right, according to a top economist, says CNBC 10/4/2023.
“Rate Hold”
Hiring slows, with US only adding 187,000 jobs in August, with job openings falling to a 28-month low, suggesting that this will put the Fed…. on ‘Rate hold’, says MarketWatch 10/1/2023.
“India”
India could become the world’s third largest economy by 2027, passing Japan and Germany, and is predicted to have the third largest stock market by 2030, says Morgan Stanley 11/8/2023. Just recently, China has been downgraded while India been upgraded by Morgan Stanley. Apparently, there is a significant list of issues that China must first overcome while India, thanks to global trends and key investments in technology and energy, is now being seen as the better investment bet.
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The opinions expressed in this material do not necessarily reflect the views of LPL Financial and based on the political content of this material are for general information only and are not intended to provide specific advice or recommendations for any individual. The economic forecasts set forth in this material may not develop as predicted. All indices are unmanaged and may not be invested into directly.
Russell E. Towne, LPL Financial Advisor, is a registered representative with and Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC.
The opinions expressed in this material do not necessarily reflect the views of LPL