Policy may be Hindering U.S. Recovery

In order to defer the next debt crisis, Washington seeks still another timeout.

After the latest jobs report, U.S. markets soared. The Dow Jones climbed to 16,020, while Nasdaq roared to over 4,060 and even S&P 500 exceeded 1,800.

However, today only 52 percent of Americans are personally or jointly invested in the market — the lowest level since the 1990s. What drives the U.S. economy is consumption, which accounts for more than 70 percent of the GDP. And yet, retail spending over Thanksgiving weekend dropped for the first time in seven years.  The gap between Wall Street and Main Street remains deep.


This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.