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Posts Tagged ‘economic future for U.S.’

U.S. Economy = “Walking Pneumonia”

Posted by Larry Doyle on March 30th, 2010 12:36 PM |

The other night in my conversation with Richard Davis on No Quarter Radio’s Sense on Cents with Larry Doyle, I defined my outlook for the U.S. economy in 2010 as the equivalent of  ‘walking pneumonia.’  What do I mean? Let’s look at today’s economic releases, Consumer Confidence and Home Prices.

Although pundits may want to promote the rebound in these statistics as a harbinger of economic health, I personally do not think we will see these measures running away from us anytime soon. Have you ever had ‘walking pneumonia?’ I have. You don’t move all that quickly. At times, you wonder what the hell is wrong with you. Welcome to the Uncle Sam economy 2010. (more…)






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