[quote=The-Shoveler]I still got a good vibe feeling going for USA,
IE economy starting to ramp up these days (fastest growing economic area in California now).
L.A. ports at record volume.
Manufacturing being on shored now.
Feels good to me.
I think I will buy a little silver just because (nearing 5 year low).[/quote]
I feel like some of these are lagging indicators. It really depends if you want to take a current snapshot of the battleship (economies can’t really turn on dimes, so a boat is a better analogy than a car) or look ahead where that battleship is heading. We’re in pretty good waters right now, but there is some reason to worry we’re heading into trouble down the road.
I’m far less doom and gloom than some of the posters in this thread (Piggington has a history of drawing in PermaBears), but there really is a lot of concern the global economy will drag us down. As noted in this thread several times, low energy prices could provide a bit of a buffer in the middle-term. Consumer spending was down last quarter largely because Americans are spending less at the pump. Some of those saved dollars are going to trickle into other areas.
