From 2007 to 2009, the economy in the United States took a drastic downward turn which resulted in the Great Recession. Millions of people lost their jobs, retirements, savings, homes, and overall financial stability. While the national economy slowly recovered from 2010 until now, economists and U.S. Money Reserve (USMR) are skeptical of what could happen by the end of this year and in 2020.
USMR, a leading American gold company forecasts the possibility of a recession based on its informational resources and informs consumers to prepare themselves for the event. The company’s prediction is like other sources including The Conference Board Economic Forecast for the U.S. Economy.
U.S. Money Reserve shows important factors consumers should pay close attention to including some economic issues that could cause a recession. One factor to consider is that recessions happen when there are few jobs and wages increase.
These events will impact the unemployment rate and interest rates in which the Federal Reserves determines. It causes the economy to decline and profits to decrease for businesses. While Wall Street and the government will create policies to delay a recession, USMR believes recessions should be natural and not delayed. Read more: US Money Reserve | Manta and US Money Reserve | Biz Journals
If a recession is unnatural, it could cause assets to become overvalued, creating what U.S. Money Reserve refers to as an economic bubble. The way USMR explains it, as the bubble grows the event of a recession is possible. The message to consumers is to prepare for it before it happens and seek alternative assets, such as gold.
It’s a commodity and could serve as a hedge which preserves the buying power for consumers who are entering the market before a recession. Throughout history, gold continues to hold its value in its market regardless of economic conditions.
The informational resources U.S. Money Reserve created show the economy is facing a downturn and suggests the time is nearing soon. USMR and economists are monitoring present events, including unemployment, wage increases, corporate debt, interest rates, mortgage rates, and a slow decline in international growth.
The gold company reported this information to Daily Forex Report in April 2019 to advise consumers to take preventive measures. Order your gold today and convert your money to precious metal which has the ability of increasing in numismatic and market value. Inventory could sellout, therefore contact an account executive to help you with securing financial freedom.
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