I feel like either me or the US fed is on crazy board, I just can't see the US economy improving. What economic recovery?
Inflation is low thanks to lack of demand. Household asset wealth is up, obviously had to happen if QE kept pushing them up. Jobless claim at multi-year level lows, but where are the jobs? House prices rising, yet American house ownership at historic lows. Middle america is getting better, why then record high number of people using food stamps. American manufacturing is making a comeback, firing peole and cutting costs to compete with the likes of China isn't what I call a comeback. US politicians are effing id1ots, no further explanation needed.
What crazy times wait ahead of us. End of my rant.
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