The economy is slowing down for the last couple of years or even since 2001 when we were suppose to have our correction right after the demolition of the Twin Towers
as you loo in 2001-2003 there was a correction this should have been a healthy way to soften the economy yet there was a rally into the housing Markets leading in to 2007 and 2008 which peaked and crashed
oil also peaked on 7/11/2008 and bottomed in Jan 2009 below 40.00
we are approaching our next rally in oil as the economy slows the squeeze with the people will be felt around the world.
Gns+Research
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