All I know is that the USD will improve regardless as it's scraping along the bottom at the moment.
US is a very robust economy and it could spring straight back if OIL eventually falls.
The first sign will be the USD improving then the DJI will improve and lending environment will improve.
The key to this is OIL as the US consumes 20mill bbls a day. The lending rate will slowly fall and things will ease a little but wages in the US have to rise to cover inflation and you cannot have 20% of your workforce working two jobs to survive. You end up with an unskilled underclass and alot of sick people who cannot afford to get better.
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26,683 |
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