Could be, and last week’s tax deal is the kicker…
8 Responses to “America’s gloom lifting?”
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AUTOREFRESH 
Not sure about that……….housing figures will be bad ones………..
STOP dreaming Jamie
Progressa do you just have a poor medium term outlook for the US and good longer term outlook or what?
You posted this in other comment. Sounds very upbeat… so I’m guessing poor medium term?
“Most Traders don’t understand that Everyone who has bet against US & capitalism has always failed. US perfected Capitalism & Stable Financial System , i also accept that it has had problems as any other financial system but US & Capitalism & US Financial System has Great Checks and balances for stability built into it and also supported by a stable constitutional form of federal government . It will sometimes take a great beating but the Financial System will always survive. The Billionaires & Mega Corporations of the World can not allow that to happen, If US were to collapse then the entire World would Go into a depression, it does not matter what china or europe does. US economy is 15 Times ( $ 15 Trillion Economy ) that of second closest which is CHINA ( $ 1 Trillion Economy )”
I gotta get a subscription to FT!
you sure about that nverstop………….
I’m quoting progressa. In case that wasn’t clear. My point was progressa’s statement above sounds fairly bullish US, but his comment to Jamie didn’t sound like it.
Hey Nverstop,
i have a medium Short-term Bearish ( 5mins to 6 weeks ) outlook on EURUSD & GBPUSD but a Long-term Bullish ( 6 to 12 months ) . Now lets look at the major things hitting EURUSD & GBPUSD — SOVEREIGN DEBT while USD is being hit by QE2 but recall if US economy improves then they might Step on breaks on QE2 and CHINA is tightening so it means EURUSD & GBPUSD will weaken a bit UNTIL the sovereign Debt is resolved. As far as the Big Boys are concerned those aew reasons they are giving. So NEVER go against the BIG BOYS unless you want your trading head handed to you . Recall be smart because ” PIGS get slaughtered on wall street “
US has a lot of issues — Huge FED DEFICIT & DEBT & huge Crambling State debts and list goes on But one thing that is a little different in US, is that Chairman Bernarke has a printing Press. We can literally print our way out of it momentarily until the ECONOMY attains takeoff velocity of growth. Also USD is the world RESERVE currency — there is nothing that would replace it right now –EURO can’t , GOLD can’t , Yuan is non starter, So can anyone tell me what is going to replace USD ? Practically there are no viable easy solutions to the USD RESERVE status. You replace it now and the world Financial System completely collapses. USD has stability & Safety built into it.
But none of those issues are really flying under the radar…