Employment, capital spending and inventories are the three most important keys to an economic recovery that could be sustained as long as 2010, TheStreet.com reports. If this turns out to be a jobless recovery where the government feels compelled to stimulate the economy further, the recent market run up could be nothing more than a ruse, according to the chief investment strategist at Pinnacle Investment Advisors.
While every other economy in the world appears to be on track except for Europes, strength throughout the world needs to continue, especially in Latin America, Japan, Europe, India and China the two latter countries widely expected to boost U.S. exports. As well, oil has to remain less than $30 a barrel. Otherwise, the U.S. economy runs the risk of inflation.
