What say the LR financial gurus?
What say the LR financial gurus?
"Experts" don't know crap.
6% is actually fairly conservative. There is tremendous pent up demand from the years of financial turmoil. Energy costs are very low, to the point of the oil industry seeing a potential glut of US oil and asking for the ability to export (unthinkable only a few years ago). Businesses are flush with cash and even with a withdrawal of fed buying bonds, borrowing costs are still ridiculously low. Absent some international strife or another debt crisis, growth should accelerate across the US and into Europe this year.