A weakening of corporate earnings. The New York Times reported that high-end housing prices are leveling off. Oh, how bad I feel. No, I'm not making light of things. On Nov. 30, the government reported that the number of workers filing for unemployment benefits rose by 5 percent in one week.
Any economic downturn affects individual lives.
Those in the weakest financial positions tend to be hurt the most. The truth is, no one really knows where the economy is heading. You'll find experts on both sides. One opinion I always value is James Oelschlager's. The investment funds he manages from his office in Bath Township are among the most successful in the nation.