Sunday, January 26, 2014

The economy

I think the economy is going to take a turn for the worst here in 2014. Why? Because there is nothing to drive increasing revenue. I think most people are tapped out and thus spending will slow down. As that happens more and more employers will start laying people off and closing location which means there will be less money in the system and thus, more of a slow down. December 2013 is going to be the high water mark for the stock market and for our economy.