The U.S. economy has picked up, with positive jobs growth.
The DOW went up four days in a row, as if to make up for lost ground.
The U.S. Discount Window lending to the European institutions will make
its impact over the coming weeks and months.
I would make a bold prediction that those who actually deploy those funds
into creating jobs and activity, loans to students and small family businesses,
will begin to see that investment create wealth.
There will be increased trans-Atlantic trade, as well as travel.
I see a busy, positive scenario for 2012.
If Oil price goes down a little bit to $85 a barrel for the WTI crude, it will
greatly help airlines (a lot of whom are operating at loss at the moment)
as well as improving economic activity everywhere.
The whole world can help to paint a rosy, cheerful picture for 2012.
I hope I am not the only one, but my prediction is a worldwide economic Recovery.
Merry Christmas, and all good cheer,
May we all have a brilliant and joyful New Year!