02-28-2012, 05:14 PM
Could happen, might not :-) ... Some of these guys are like sooth sayers. Every once in a while they are right...
Consumer confidence is great, but durable goods, and housing cost are still trying to get back on their feet.
If gas goes to $5 I would place bets on a recession. If not I think its going to be an ok year. That means its all about Iran, in my opinion.
Watch for Obama to release oil reserves to try and help control cost if Iran keeps heating up.
Also I think oil might become the next bubble. Alot of money in oil right now just stock piling it in the form of futures in the hope of an Iran crisis.
Consumer confidence is great, but durable goods, and housing cost are still trying to get back on their feet.
If gas goes to $5 I would place bets on a recession. If not I think its going to be an ok year. That means its all about Iran, in my opinion.
Watch for Obama to release oil reserves to try and help control cost if Iran keeps heating up.
Also I think oil might become the next bubble. Alot of money in oil right now just stock piling it in the form of futures in the hope of an Iran crisis.
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
![[Image: maull2.gif]](http://bengtel.com/maull2.gif)
"If you want to change the world, be that change."
--Gandhi