Wednesday, June 24, 2009

Getting Back To Normal?


In my industry we pay very close attention to the Consumer Confidence Index. Primarily because this helps us gauge the consumers desires to buy or not buy things. As the U.S economy and my industry is largely based on consumerism this helps us forecast future trends.

We have noticed recently an increase in consumer interest to purchase as well as following through with such purchases over the last three weeks. There doesn't appear to be any significant market conditions that would encourage this behavior. I could argue just the opposite and that certain indicators trend to a further slowing of the economy.

One idea I have as to why this sudden surge is that the Obama hysteria is fading. It has been over two years of fanatic slobbering of what was to come from this self proclaimed messiah that reality is starting to settle in that he isn't anything more than a community organizer with no business experience. Many who voted for this accomplished party guy are beginning to awake to a hangover illuminating a President who really does want America to become a Socialistic Country.

Any good American politician understands that the United States people are conservative in nature. So when Obama starts inviting Iranian leaders to our 4th of July celebrations or entertains Huffington post bloggers at an international press conference the hearts of these elected officials start to skip a beat.

So as the Obama rage disappears then the political rhetoric of both aisles increases thus the grinding engine of the U.S. Congress begins to slow. I believe Americans are now seeing things getting back to normal and thus are able to come out of there homes and start living their lives again.

1 comment:

  1. Pietro,

    We all pray for a recovery. Hard top believe this will happen with $11 trillion in debt obligations and US bonds no one wants to buy. End result will be infaltion, worse yet stagflation with a rise in interest rates in nation whose economic health (productivity) is poor at best.

    The pause right now is for Barry to take another lick of ice cream and squeeze in a couple more weeks of two a day workouts before the Congress sits down to destroy healthcare and energy industries. Cap and Tax and Obamacare will send the economy into a death spiral.

    QV

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