Another exciting month: January 2016.
What a start into the year it has been.
The stock market started similarly to the final weeks of 2015, with loses. However, this time it appears a bit different. Is it the end of the bull market? Will you get a new car? Will you earn more in your savings account?
And what a wonderful time for putting fuel into your car? We haven't seen gas prices as low as this in a long time.
31 days of excitement courtesy of the Federal Reserve, investors, politicans, and corporate bosses.
Captain Finance has followed the last few weeks with great interest and we here have put together some of the most memorable events.
Besides immigration and the US presidential campaign, the ten developments will likely affect investors and savers around the globe most.
So here are ten of some of the biggest news pieces in January 2016.
So what has happened in January?
- The Federal Reserve is uncertain about the economy and has left interest rates unchanged, potentially reversing their course, or as some suggested even introduce negative interest rates
- Volkswagen set aside more than 7 billion dollars to rectify their tech fidgeting and is facing potential fines of up to 46 billion dollars in the USA alone
- After years of bulls running the show, we are now in the midst of a bear market
- Panic amongst some market participants, while others remain more upbeat about the potential opportunities
- Some argue for another recession. That would really spell real trouble given the current state of the world's economy.
- Data that would once accelerated market gains now fails no to make a significant impact: US housing data
- Oil is at its lowest in years
- It is incredibly cheap to fill up your car
- IPhone sales are slowing
- Is it the end of bitcoins? They are definitely no means to pay your dues to the government.