The most common topic recently double dip in USA?
Whatever you call it, it is not important. The question is not will it happen? The right question is how do we take advantage of the current situation?
Hence, one has to do a lot of homework, and also research, and most importantly, common sense. However, many choose to listen to the media. And most of the time they are incorrect, because they always use the wrong measurements.
Of course, an economy is just like a big puzzle. And it is a dynamic puzzle, it moves if new variables are included. So, one have to be vigilant to read and understand.
So how do we find the right guru? And learn the right thing from this guru. So, you have to check the track record, accuracy of their past forecast, etc etc.
End of the day, with all the information, a knowledgeable and a rational decision is made.
In any business, one must have a rational "foresight" of the industry or economy. One has to see what the common economists did not see. So who is the someone out there to guide us?
Do your research, perhaps you may find one, and then stick with it.
TIPS of the day, look at the chart above!
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