another worthwhile read
 

Good read - as I have said all along - we are in a perception based economy. if people feel like the world is going good they will leverage themselves to the hilt. If they don't they quit spending and the economy takes a hit.

Both of these behaviors can accelerate an economy either way.

Great article.

I would argue that the "expectations market" has extended to housing and oil...

My attention span during the trading day is usually pretty short for things other than managing my positions.. I just started venturing over to the OT side of the board.. I down loaded the PDF and started reading it, it really looks interesting thanks for the head up on it.