The Black Box

[dieselfuel]

"Hyman and even Ridholtz on kudlow are talking slowdown in 2006 to 2.5-3%."


Hi michalel,

I just did some checking.

If we could average just 3% GPD for the next five years, that would be HUGE!

Look what the markets did in the 90's. The 90's only averaged 2.22% GDP.

http://www.bea.gov/bea/dn/nipaweb/TableView.asp#Mid

Commodities do best in a hyper growth enviroment (look at the last few years) and the rest of the markets seem to favor a "Goldielocks" economy: Not too hot, not too cold, just right.

I think the markets will average better than 3% between now and 2010.