Sports Arbitrage Newswire - Economists No Longer on the Fence

The housing market is deteriorating quickly along with other major aspects of the economy. Retail and commercial property sectors have been hit hard recently with the RICS showing that commercial property has slowed at the fastest rate in nearly ten years. This rapid decline is similar to what the residential property market has experienced with house prices decreasing another 1.8pc over the past few weeks.

Combine this weak economic activity with the cost of living increase and anyone will understand why households are living in a state of worry. Fewer consumers have the income available to spend on shopping beyond the basics, a shift in consumer habits that will certainly affect the retail market and add to the seemingly endless cycle of economic struggle.

It is becoming commonplace for forecasters to report expected drops in retail sales. The trend seen this year is also influencing expert predictions in relation to interest rates. Contrary to earlier forecasts, many are now of the opinion that the Bank of England’s Monetary Policy Committee (MPC) will reduce interest rates from 5pc in lieu of a recession rather than inflation becoming the greatest threat. Inflation is still present in full force, though, with some experts predicting an inflation rate of 4pc by the end of the year.

To add to the already worried households, the labor market has also been greatly affected with the outlook for employment and salary remaining one of the major factors in how quickly the MPC responds. The labor market in the UK is drifting further away from optimism with the Organization for Economic Co-Operation and Development reporting an expected unemployment increase of 100,000 or more within the next couple years. The construction, banking and retail sectors have experienced the most job cuts to date.

Given the credit crunch, struggling housing market and the increase in oil and food prices, economists are quickly coming off the fence whereas consumers are simply trying to survive. Households are facing tighter budgets and are trying to find creative ways to supplement their income despite a weak labor market. Many are turning to the internet where ordinary people are making returns as high as 12% each month with sports arbitrage, also known as placing risk free bets or surebets.

A great source of information about arbitrage trading is the blog on the website Sports Arbitrage World. Once a trader himself, the author Rajeev Shah, explains arbitrage trading in more detail and how advanced software today called ArbAlarm can produce guaranteed returns. He explains how this software allows ordinary people to scan prices globally and quickly to uncover risk-free betting opportunities and earn risk-free, tax-free profits using this unique investment method.

Sports Arbitrage Blog
A blog dedicated to professional sports arbitrage trading and software