world economy

Episode 292: “Punxsutawney Bill” and the Long-Term Prospects of a Worldwide Economic Recovery

Welcome to The Traders Podcast! This is Episode 292. In this show, your host Rob Booker considers the long-term prospects of an economic recovery around the world. Rob also talks about how meditation can be beneficial to one’s trading. Next Rob briefly discusses how he’s restructuring the content of his e-mail lists. And Rob reports that he bought an EZ Trading Computer from Eddie Z, our guest from Episode 291: Is Your Computer Powerful Enough to Support Your Trading? (Get your free buyer’s guide here.)

Then Rob delves more into talking about the world economy, beginning with a prediction by former U.S. President Bill Clinton (aka “Punxsutawney Bill”). Rob looks at the S&P 500 ETF, and he talks about what we can expect in the markets, as a result of the conflict in Syria. Join us! Thanks for listening.

At Rob’s request:

Links for this episode:

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Episode 169: Our Rocket Ship Stock Market, the Unemployment Rate and a Traders Podcast Box Set?

We think Episode 169 is a good time, and we think you’ll agree… First of all, our friend Keiron wrote and asked about purchasing every one of The Traders Podcast episodes in one fell swoop, so we entertain ourselves as we entertain that thought.

Rob also spends some time talking about our rocket ship stock market and the employment market. Are we in some kind of a fake recovery because the economy is not creating jobs fast enough to replace the jobs that were lost during the financial crisis? Rob discusses how the unemployment rate factors in — and how it doesn’t factor in the people who have given up and dropped out of the job market altogether. Rob notes that there are under-employed people who are making less than they used to, and how that’s throwing off the numbers, as well.

Other questions posed in this episode: Read More