Dow Jones Industrial Average and the Country’s Economy

The Dow Jones Industrial Average suffered losses on December 22. It fell as the world’s largest economy surpassed expectations, a sign that the Federal Reserve’s attempt to cool the country’s economy in order to tackle inflation is having only a limited impact.

According to the Commerce Department, the gross domestic product (GDP) grew by 3.2% in the third quarter of 2022. It is worth noting that the result surpassed expectations.

Based on the information taken from the report prepared by the Commerce Department, the better-than-expected reading was due to increases in exports as well as consumer spending. As a reminder, consumer spending plays a very important role, as it is responsible for the bulk of the country’s economic activity.

Stocks suffered losses on December 22 on fears that the above-mentioned result could prompt the Federal Reserve to continue to raise rates more than expected in 2023.

Interestingly, the Dow Jones Industrial Average fell by nearly 350 points, or 1.1%. In the meantime, the S&P 500 declined by 1.5%, and the Nasdaq Composite fell by 2.2%

It is important to keep an eye on the world’s largest economy in order not to miss important decisions and news. Furthermore, it is desirable to read articles and books about the stock market on a regular basis. Also, it makes sense to ask your friend or a colleague who is more experienced than you to help you learn more about the market.

Now, let’s take a look at online brokers. Unfortunately, it is impossible to focus on all of them. So, let’s take a look at TLMmarkets.

Why should you use TLMmarkets?

Let’s start from the beginning. What comes to mind when you hear about TLMmarkets?

It is an online brokerage platform that is suitable for novice as well as skilled traders.

Interestingly, it was developed for traders who are interested in mobile trading. Don’t worry; the people behind TLMmarkets worked hard in order to create a good platform for everyone.

Without exaggeration, TLMmarkets is a user-friendly platform. Do you want to read one of the best reviews ever written about TLMmarkets? Thanks to the TLMmarkets review, there is no need to read numerous reviews; all you need to do is read the TLMmarkets review

We also need to mention that traders have the ability to select from various trading assets. Stocks and other assets are at your disposal.

As you already know, TLMmarkets is focused on mobile trading. As of December 2022,

mobile trading isn’t very popular among traders. However, you don’t have to say no to TLMmarkets because it is focused on mobile trading.

We can’t finish an article about TLMmarkets without mentioning its customer support team. It is no secret that customer service plays an important role. However, not all companies understand the importance of good customer service. Hopefully, TLMmarkets isn’t among them.

People behind TLMmarkets worked day and night in order to assemble a good customer support team. So, don’t hesitate to contact them as many times as you wish.