well, from the looks of things lately, it seems the united states is poised to raise the interest rates from close to zero (about 2 to 3%) since 2008. but the early bird might just be a bit too early. the u.s. economy hasn’t really shown signs of any significant growth other than a bump in employment and a bump in retail sales. but those two are probably correlated. with that, u.s. inflation is also poised to grow significantly again which with the rising interest rates could stifle growth once again. don’t count your chickens before they hatch.
with greece attempted to negotiate out of default with germany, things are looking up on the european union front. but things could fall through, and greece could be back at ground zero with nowhere to go.
now to our morning coffee…
