This is a financial radio show that I often download and listen to. This show discusses the year ahead financially.
Tri-Star Financial download:
http://www.tristar.us/audio/12162011.mp3Other shows:
http://www.tristar.us/news_radio.aspSome points:
- Interest will remain at zero...LT treasuries will fall to 2%.
- Unemployment rate will drop. Not due to job creation but rather the rate will be impacted by the 99 weeks of benefits being dropped to 54 weeks. This may push older unemployed Americans who qualify for Social Security into retirement benefits. 3 Million baby boomers will retire in 2012.
- The Fed continues to unofficially buy equities and also continues to "twist" treasuries buoying the market and putting downward pressure on interest rates. If an official QE3 happens it will push the stock market higher...Dollar lower. Without the Fed's quantitative support (printing money) the market/commodities will fall and the dollar will rise in value.
- Wages and Salaries (jobs) will be muted and therefore inflation will remain low. The Fed won't move rates up until jobs return.
- Oil Prices will follow the stability / instability of the world and the relative strength of the dollar.
- Europe will print euros (QE1) to support the euro countries. This will cause the dollar to rise relative to the euro and hurt US Manufacturing. The Fed will react with their own official QE3 to weaken the dollar. Other countries will do their own versions of QE. This will finally push Gold up toward $3,000 and also push commodities higher.
Comments
I will agree to much of this at this time.
Thank you for the post.
Regards,
Catch