cyclingscholar

U.S Treasuries: Heading for a Rally or an Implosion?

I just don't like 'crisis' scenarios, they are usually just latter day jeremiads. I say a weak version of scenario one. Stocks resume their decline, perhaps to a new low; bonds and the dollar benefit from some flight capital; commodities/gold sell off sharply.

Not until the US and the world make a major commitment to free markets, free trade, lower taxes, less crony capitalism, and less regulation, the world economy will continue a Jimmy Carter scenario of stagnation. Dow PE of 6, anyone???

3 Things America Needs to Do to Get the Economy Back on Track

What a crock! Europe has trade and budget surpluses and THEIR Economies are in deeper bear markets and 'recessions' than ours is.