Quote:
Originally Posted by VITE1
The second major driver of lower oil prices ihe world economy is slowing. The countries that buy from CHINA no longer can buy from them since they are in resection.
Both are bad for the American worker and the economy.
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*fixt
Who said anything about the US being in a recession?
Our economy has been really hot lately and a slowdown should be expected. Autos, housing, Apple, Steel, the job market, except for that one guy, etc all are chugging right along.
I see interest rates going up a half a point very soon.
That will get the housing market going even more, as people sitting on the sidelines will be forced to move, as the specter of further hikes may put them out of the market.
We do see things a bit differently and I don't disagree with all of your points.
We can speculate all we want but only time will tell.
