world economy, page-6

MM, we continue to grow at 2-3% for the year ,IMO a substandard recovery by historical measures but seems to be sustained at this level and the trend looks to be solid , many discount a drop from this level in growth but are not looking for much chance of increase above 3% for 2012. although markets have returned much of the losses from 08 decline many are still skiddish and as Luap indicated day trading is still the mentality .although businesses are lean and mean and very profitable they have been very reluctant to start hiring back in large numbers ,primarily it appears to be due to political uncertainty of over regulations and unwanted healthcare mandates, we currently have an administration that is at least a socialist at heart , and appears to be against business in general and with the election coming in months we will see political posturing as he continues his class warfare agenda . watch this election closely , new administration will send the markets skyward and another 4 years of Obama probably will be seen negatively as he wants to tax the wealthy and spend ,spend spend. on govt handouts ...