Financial markets play a vital role in facilitating the smooth operation of capitalist economies by allocating resources and creating liquidity for businesses and entrepreneurs. The markets make it easy for buyers and sellers to trade their financial holdings.
To be successful in investing in capital markets, it takes skill, knowledge, and experience to navigate the complex markets. However, building an underlying foundation of skills and knowledge is the most important way to create your successful investment strategy.
What happened in the market last week? To avert the first-ever default in U.S. history, President Biden and Congress worked together and took preventive measures. They reached an agreement to suspend the debt ceiling until the end of 2024. Additionally, despite an unexpected increase in jobs that surprised the market, overall data still indicated a gradual slowdown in economic activity. …