from what I can see the US economy is the only economy functioning on an even keel.Every where else is moving towards contraction.
Significant cost rises(Obomba whoops,Obama care) and other tax rises are going to crimp disposable income,hence consumer spending.It looks to me like the US economy is going to deteriate.I don't think US stock markets reflect what is happening in the real economy.So they may continue to rise.
