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re: U.S. Economy Is Better Than People May Feel: Cohn

Posted on 2/27/16 at 11:52 am to
Posted by SECdragonmaster
Order of the Dragons
Member since Dec 2013
16254 posts
Posted on 2/27/16 at 11:52 am to
I think he has several excellent points but I don't think any of these guys EVER take into account debt levels. We have a consumer spending driven economy. If you immediately tripled the average household debt and tripled the national debt, he would sing the same song.

I never hear these guys say, "this is a BAD time" financially. They are like realtors. It's never a bad time to buy a house or sell a house.
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