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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: TobagoJack who wrote (48017)4/5/2004 4:20:49 PM
From: energyplay  Read Replies (1) of 74559
 
Optimism - part of my optimisim is that both Republicans and Democrats will want to pull in excessive Federal government spending after election, and back off on tax cuts to some degree. Add in economic recovery and some inflation, and tax revenues will be up. This will contain the federal budgert defict, and the mnoves of the US Dollar over the past year will reduce the trade defict.

So the dollar collaspe sceanarios fade.

The next recession will be very nasty, because there is less ammunition to fight it.

For now, however, we are in a boom/recovery that includes most of the world except some parts of Europe.
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