Tuesday, May 10, 2011

Fuel for debate...

...with fuel prices wreaking havoc on import and export price indexes, we still have durables (and especially semi-durables like electronics, etc.) grinding to stop. Once fuel prices fall, expect these figures to drift into negative territory.

U.S. needs more fiscal action (tax breaks/decreases) to sustain any kind of growth. This is especially true given the debt ceiling hysteria.

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