The effects are felt in the clothing, sports equipment, automobile sales and many other sectors as people decide that they don't need to replace the previous year's things. A second clip postulates that hurricane season will be longer and more violent for several decades. Tony Deutsch says that the dynamic of the meltdown is behind us and happily the IMF and the World Bank took the right corrective measures. However, the Euro is falling and there is high unemployment in Europe. The business cycle should turn down.
Wars are bad for economies.
Julius Grey Germain Bourgeois is concerned that there is huge re-inflation going on with 15 stocks pulling the market higher and higher. Germain predicts a correction soon - in a couple of weeks. Tony agrees that the market is over-priced. This topic brought out a number of opinions and no concensus. They usually do not know what they are doing and there could therefore be a bloodbath.