Here is a recap of recent news about the U.S. economy. After reading these stories and headlines, the ocean liner known as the U.S. economy appears to be ready for take off. Do you believe it?
So what if everyone’s getting it wrong? What if we are going to see 3-4% growth? After all, the Federal Reserve and many of the central bankers around the world just provided “coordinated action” providing significant global easing with their respective monetary policies. Markets are up 3-5% around the world right now. It appears everything is fixed. Is it? Check out Mish’s take on maximum intervention by central bankers. Do you believe we have turned the corner and are getting ready for a new leg of growth in the U.S. and perhaps around the world?