Just think weak consumer and you'll have this year about right...
But there is still massive liquidity bidding up assets...or at least maintaining them...
However, the house crash will continue to plague the consumption side all year... Not to mention debt, punk jobs, and over supply of goods...
So we could have a disinflationary economy...even in the face of massive dollar printing from the past bubble daze.
Or more likely the excess liquidity could combine with the weak consumer for the nightmare scenario...stagflation...which I suspect is what will really happen after all the screaming is over...
