Bear Market Coming: Analyst This $240-billion investment officer is predicting that technology stocks are poised to enter a bear market, with the NASDAQ Composite Index set to plummet further in 2016. Scott Minerd, chief investment officer for Guggenheim Partners LLC, says the NASDAQ Composite Index could crash this…
Gross domestic product (GDP) in the U.S. economy mainly consists of consumer spending. Hence, the more consumers spend and buy, the better our economic conditions become. In 2012, consumer spending in the U.S. economy accounted for more than $11.1 trillion. (Source: Federal Reserve Bank of St. Louis web…