Market worst week in 2 years, Jobs Unemployment, Countries at risk to Default, Build a Watch List, P&G, Facebook, LinkedIn, Burger King

Episode 12

  • Market continues slide, worst week in 2 years
  • Stagnant jobs report helps stabilize the market- good news is bad news on Wall Street…hope is that Fed will keep low interest rates.
  • 10 countries at risk to default on bad debt
  • US consumers have been doing some deleveraging but near 30% in collections
    • Huge debts in: Student Loans, Automobiles, and Solar Panels
  • During turbulent markets, be patient, build a Watch List:
    • Examples- P&G, Facebook, LinkedIn, Burger King

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