What in the (F)inancial is going on?

I spent the better part of the morning trying to figure out what in the (F)inancial is going on. I read about the Dow plunging, China meltdown, Gold rising and gold plummeting, the federal reserve keeping interest rates steady and expectations for them to raise them, and finally that we are long overdue for a recession. This isn't a recession we are in? You could have fooled me.

Things don't look good out there and we have more than one year left of Obama. I have a family to take care of and I don't know which direction to head in for financial security planning. I bet no one does. Unlike the multi-millionaires and billionaires, I can't afford to loose 25% of my investments. That would be catastrophic. These days I am more worried about holding onto what I have than trying to make it grow. I know a lot of people who feel the same way. This can't be good for the affect it has on the entire picture.

There is no reason to be confident in any type of investment that I can find. If anyone has a decent road map to make it through the future let me know. Mine flew out the window in 08 and I've been winging it ever since.

Attachments

Why the correction? Machines have taken over

http://www.cnbc.com/2016/01/15/why-the-correction-...

"It feels like sell program after sell program," said Michael Cohn, chief market strategist at Atlantis Asset Management.

Banks Brace for Bigger Losses After Oil Drops Below $30

http://www.bloomberg.com/news/articles/2016-01-15/...

The Wall Street banks that financed the U.S. shale boom are facing growing losses as oil falls below $30 a barrel.

PNC executives still expect Fed to raise interest rates again

http://www.post-gazette.com/business/pittsburgh-co...

Although the stock market is having its most volatile start to a new year in recently memory, PNC Bank executives say they continue to expect the Federal Reserve to raise interest rates three times in

Fed Almost Certain to Keep Interest Rates Unchanged at Next Meeting

http://www.wsj.com/articles/fed-almost-certain-to-...

Fed officials, facing an economic jumble as 2016 begins, will almost certainly keep rates steady at a policy meeting this month and turn their focus toward a potential cliffhanger decision about wheth

Gold Plummets to Six Year low Amid Rising Interest Rates

Play

http://www.newsbtc.com/2016/01/16/gold-plummets-to...

The rising interest rates have already begun to affect emerging markets and the value of precious metals including gold and silver

Gold Posts Biggest Gain in Six Weeks Amid Rout in Stocks, Oil

http://www.wsj.com/articles/gold-gains-amid-rout-i...

Gold futures posted their biggest gain in six weeks as a global rout in stock markets and other risk assets—and comments by a Federal Reserve board member—stoked views that the U.S. central bank could

Dow plunges 391 points as fear grips markets

http://money.cnn.com/2016/01/15/investing/stocks-m...

U.S. stocks were once again in retreat mode on Friday, with the Dow slumping around 400 points. The wave of selling was driven by crude oil renewing its crash below $30 a barrel and China

This is not 2008—it's actually worse

http://www.cnbc.com/2016/01/15/a-recession-worse-t...

We are long overdue for a recession—and it will be much worse than 2008, says Michael Pento.

World economy MELTDOWN: China stock losses spark panic sell-off and FTSE drops £113BN

http://www.express.co.uk/finance/city/634969/China...

CHINA’S stock market has plummeted so low it

Topics: economy, investments, recession, money, stock market, China, USA, Dow Jones, gold, silver, oil, federal reserve, interest rates, investing

9 People who like this

Wanda Hope Carter

Thanks for the blog! Good job. I'm glad you got it figured out. You are so right, we are in uncharted waters here, no map exists that can help navigate where we are or what we may soon be up against! I don't know any advice to give you except to keep your eyes on the road!