Macroeconomics

The holidays are starting to come to an end for the financial community, so media sources are starting to pick up more information and discussing the issues pertinent to the markets at the moment.

The biggest issue in the market at the moment is the question mark over whether the US economy might be preparing for a double dip scenario. The financial data being published at the moment is becoming more and more worrying. The Philadelphia Federal Index (Philly index) is at minus 7, and this suggests expectations for the economy in America are well below the magic zero level.

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