This is just a quick update with the global economy. As many of you know, the past week has been very devastating for millions of people who invest in the stock market. The two biggest factors were China’s stock market crash and the expected Federal Interest Rate increasing as soon as early September. However, since Tuesday, the market has rebounded and many who bought stocks on Monday now see a three day return of as much as 15%. My recommendation for those who lost a lot over the past week is to just sit tight and wait for the market to readjust itself.
This is a guest post by Jack Nee, who currently works at Argopoint.