LatinTrends readers, things are looking up! If you are following the headlines, the stock market ended its best week in a year this past Friday. Will this trend continue? Is this an indication that our economy is on the upswing? We will see!
This week will give us a great insight as major companies will be releasing their second quarter earning reports. We will also get disclosure on forecasts that will state how these companies expect to end their year. Let’s see what The Street has to say and if economic optimism holds.
More importantly, and what all want to know: will this gain in the market spill over and change unemployment rates? On the positive, the rate of new unemployment has lowered. Personally, in my circle, many have recently become employed and others have been able to move up in the ranks. What I am liking is that as the economy starts to gain confidence, we will begin to see openings in other markets that might have been previously crippled. I am hopeful that we will see global markets also benefit. In the meantime, polish up those resumes and reconnect!
Casandra Kate Escobar
“Kids Pocket Change”
Airs Tuesdays at 2:30pm on WDJZ Radio