Gold is up.....Debt is up....Earnings are down...What should be next? A secular bear or a slow recovery?
The US system has a lot of similarities with the Japan (before its fall) but that doesn't mean a lot. We still could have it both ways. However, I am more concerned about the US foreign policy and its consequences on the global economy.
Well,for now, I will not bet on something and hang on my money for better days. In the meantime, education, readings and thinking are always profitable....and thanks to you Francois, because without your B&S, I will not be here today ! (BTW I am still waiting patiently for my mouette...don't count on me to forget.)