Paul’s Economic Outlook:
The U.S. economy is recovering. The summer oil spike and unrest in the Middle East will be over by the end of the summer. Operation Twist and QE3 will be completed by October 29th which will end printing of U.S. dollars. Dollar up, oil down, gold down.
By Tuesday We'll Know Something Very Big About The US Economy
Thursday is more important.
U.S. oil tankers built on spec face choppy waters as export ban eases
The U.S. will be energy independent in 6 to 8 years. The U.S. will go from a trade deficit to a trade surplus by exporting coal, natural gas and light sweet grade oil.
U.S. pending home sales hit eight-month high in May
The private sector (70% of U.S. GDP) in the U.S. is growing, slowly, but growing.