US elections & Fed Intervention for increasing money supply is awaited by markets, the result of the elections may have neutral effects but Fed actions & words will be closely watched. The export driven market of the emerging economies, dependent on USA for its export is still in doldrum. The unemployment rate in US still remains stubbornly high & it will not come down until the mindset of manufactures changes from saving mode to building capacities. The Fed may be thinking that by devaluing Dollar, they will be able to increase exports & decrease imports. But in TrendCalls Team view, US is not competitive enough in any manufacturing field which they can export to world or to the masses of the world. The intellect gap between US & the rest of the world is closing fast. Now the ? arises what are the remedies for the path to recovery. In TrendCalls Team savings is the only way. It may be painful in short term but eventually it is the only right way to do things. Let the excess supply be taken care off by the natural process & the manufacturers will eventually start raising their capacities.
Views Given By TrendCalls Team
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