ARTICLE
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No double dip recession
I do not see any double dip recession.I think there is fear of it.Sometimes fear creates self fullfilling prophecy.However not on this case.Home sales show that US economy is on the right direction,that's what matters.Bank earnings are good even though there is balance sheet make up.
Barnanke plan just works.Howeer I think there will be a second crisis.But this time rising interest rates will cause it next year.Meanwhile stock market might go up in excess.The world is doing ok.EU will cut its budget deficits heavily and China will adjust itself to the new world economy.I still think the real problem will come after the recovery.S...
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LAST
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business trip
Due to a business trip,I won't post articles for three weeks.Sincerely,
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