My Take On Current U.S. Economy - November 7, 2007 (原創)
(2007-11-14 20:26:33)
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Fundamental economy is okay, and productivity improves, and globalization helps many U.S. large multi-national companies making a lot of money. Big financial companies lost big money in the sub-prime crises but they are still profitable. Most of U.S. corporations have tons of money reserved. U.S. economy may slow down further next year. Is the current stock price too high? Hmm, maybe but not that much.