A crash imminent?

dots Posted on May 25, 2006 , filed under Stocks | Print This Post

I caught a Today Show video on MSN that delves into a Barclays report which compares current economic conditions to the economic conditions before the crash of 1987. The Today Show report cited the following economic conditions:

Increasing Interest Rates
Increasing Inflation
A Slowing Housing Market
Growing U.S. Current Accounts Deficit
New Federal Reserve Chairman
A Weakening Dollar

I don’t believe we are on the brink of a major economic crash in the short-term. Today we saw a nice reprieve from the consistent drops in the markets. I will post my strategy in a follow-up article for investing in the current market.

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