For a long while now, countries have been debating about the right and proper solution to the revival of the national and, in turn, the global economy. However, now more than ever, the likeliness of reaching a point of consensus seems a far-fetched dream. The different problems that plague different economies around the world have made things very difficult for the top global economists to understand. With various nations in either a fragile economic state or being in a fragile revival, there is no real success story amongst any of the world’s economy.
A failed re-start
Ever since the 2008 financial crisis, there has been a near inability for any nation to implement substantial economic and monetary policies to really turn around the economy. Europe, which used to enjoy the status of one of the most sophisticated and robust economies in the world is now struggling to stay afloat, especially considering the recent crisis that emerged out of Greece, and the fact that the European Union fought to keep Greece in the Union. Germany seems to be the only stable economy but is unable to really enjoy the perks of being one, considering it is shouldering the weight of all dependent nations.
One of the closest studied and most evincive form of indication towards the plight of the global and various other national economies has been that of the SPX index. The SPX index is a means of monitoring global markets and also tracks the movement of the global commodities market. The SPX index has delineated that the global commodities market, especially with gold and oil has not been the most flattering. As the oil market is still making a meager recovery, the gold rates are still over the top. The SPX index tracks the ETF, or exchange traded funds and uses it as an indicator to measure the health of global markets.
A confounding situation
The SPX index itself, however, seems so erratic, that predicting market trends has become virtually impossible through this method, which was once the standard operating measure. Since the past couple of months, the SPX index was on a 26 point bull run. It kept rising optimistically, however, just last week, the SPX took a massive hit and plunged by 23 points, leaving many experts confused about future traded markets. The standard maxim of a deceptive SPX is now doing the rounds.