For the most part the rest of the world is doing fine. Asia, Brazil, India and Australia just to name a few, is doing really good. The US is showing signs of improvement. CAT had blow out earnings this morning. We are seeing ongoing impressive results from the multinational corporations. In addition, investors like you and I are multinational as well. I continue to make money in my Chinese stocks. I can't help not seeing this as a catalyst that gives the extra stimulus this economy needs. IMO the globalization of this country has made it more less vulnerable than it has been in the past. The weak dollar is also going to come into play, as our products get cheaper to the rest of the world demand for US products will become more attractive. I'm slowly changing my outlook of the US, It's not the gloom and doom I was feeling just a few months ago. However employment numbers are the "fly in the ointment" I believe these numbers will improve but will take some time. Companies are reluctant to put new employee's on until they have sustained increase in business activity.

I see recovery, but at a slower rate than many other countries. Very pleasing to see this.