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Word Count: 846
Our Economic Future When I first decided to take this class I felt there was not much that when into the predictions of stock prices and the future of your economy It is clear now that there are at least six different factors that contribute to the movement of our capital markets At the present time our market is in what the experts call a correction period which means that it has fallen at least ten percent from a record setting date Our economy is mist of a record boom of a one hundred and seven months Experts a predicting the worst like they have the last twenty-four months or so So I am going to make a prediction that the economy will continue to grow at a rate of 35 maybe not at the same rate as last year The Federal Reserve is trying to slow the growth by raising rates by a quarter of a point The rational for this is that the economy is growing at a rate that can spark inflation soon So far the prior four times the Federal Reserve has raised rates not much has happened I am predicting that if the current rate hike does not effect the market Federal Reserve Chairman Alan Greenspan will raise rates again in March and May to slow our prosperous economy The reason why a rate hike will slow down the economy is by raising the overnight rate to 575 the highest since 1995 it has made borrowing less attractive In turn corporation will have less money to invest then productivity will go down hence supply will go down and demand will soon follow Right now though productivity numbers released in January showed that it is on the rise which has keep inflation in check As productivity is on the rise corporations are going to require more labors Unemployment is at an all time low of 4 and is not
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