Do yourself a favour and watch this http://www.pbs.org/nbr/info/local-player.html?s=nbre07s2cf0q4c4
I do not believe to those that "predict" future but Roubini is an exception in my opinion.
US is nowhere near recovery. The rug will be pulled under their feet again. Packages or no packages Americans do not know how to save money therefore under these dire circumstances they won't have enough capital to continue supporting their lifestyles the way they have been.
We have a long way to go before anything decent happens.
LEI Price at posting:
$27.63 Sentiment: ST Sell Disclosure: Held