Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (34516)	7/4/2012 5:13:03 AM
From: KyrosL	Read Replies (4) \| Respond to of 220901

We can look at manufacturing and conclude the economy is going into a recession. But energy prices and production are very favorable, and housing is reviving after a long slump. Both of those are arguably more important than manufacturing. Gasoline prices are falling fast, which stimulates consumer spending, which is 70% of the economy. Domestic oil and gas production are increasing, which reduces the trade deficit, keeping more money in the US. And there are signs the housing slump is ending with new home construction increasing, and prices stabilizing or going up in most markets. Meanwhile, mortgage rates are still at all time lows, with the Fed doing its best to keep them there for a while. Of course, this may mean nothing for stocks. But the US is doing a lot better than the rest of the world and as a result is attracting a lot of money. Most of this foreign money is going into Treasuries and real estate right now, but it may start flowing into stocks. The counterpoint to all this is a European disorderly blow up. European politicians are proving no better than ours. They have shown sufficient stupidity to conclude that a blow up is possible, if not probable.