It’s just about official: With corporate sales and profits shrinking and consumer spending flatlining, the US economy will grow hardly at all this year while the rest of the world will probably drop back into recession. The result: Massive policy changes here and abroad, with major implications for stocks, bonds, precious metals and real estate.
3 thoughts on “Podcast: The Inevitable Is Now Imminent”
Consumer spending figures were not a mirage…they were a LIE….government numbers mean absolutely NOTHING these days because of the fudging going on.
If one took out the “growth” of Obamacare, er, healthcare, we would be shrinking.