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Published byNora Joella Horn Modified over 8 years ago
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TRMG – April 11, 2011 Dr. Chris Kuehl Managing Director Armada Corporate Intelligence Economic Analyst National Association for Credit Management Wake Up and Smell the Coffee: Before the Price Goes up
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TRMG – April 11, 2011
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The Four Fears of the Economist –Efforts to boost the economy will result in a weak recovery but will fuel a massive inflation spike that starts with commodities and spreads to wholesale and finally retail sector. –A much more severe deficit issue. The budget shows just how hard this is going to be to address –The US will be brought low by the state budget crisis – forced interventions and bailouts that can’t be handled without drastic changes to tax policy –There will be some event in the rest of the world that will create havoc – top candidates are Eurozone collapse, Middle East revolution and muscle flexing in China
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What is Expected? The Fearless Forecasts –Unemployment will remain above 9.3% throughout 2011 –Housing market will finally stabilize but at very low levels and growth will be very sluggish –Dollar will stay weak as interest rates will stay very low –Oil prices will rise to over $100 a barrel early in the year but will stay in a pretty tight range between $90 and $110 –Congress will gridlock all year and that will mean little change to what was passed last year and little in the way of new stuff –Europe will start to seriously consider abandoning the euro –Regulations will intensify as focus shifts from Congress
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TRMG – April 11, 2011
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Contact Information – ckuehl@armadaci.com For more information on all this excitement Check out the new web site www.armada-intel.com For a special offer Send a note to Karen at ksanchez@armadaci.com
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