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I was out to dinner with my family last night, and in-between sips of coke and bites of Pier 49 Pizza, it occurred to me, we are about to enter a very interesting time in the world. Forget last year’s crash, forget the "recovery" we are going through right now.  Equities are at a make or break point, the USD is teetering on the edge of full out slaughter, the FOMC and many world organizations are calling for a recovery in the latter half of the year, record unemployment is still growing and people have finally capitulated on using the term "green shoots".
My point is this, from here we have two very different roads the economy can take. The slightest quake and the recovery tips off and we spend the next ten years digging out. The other is a continued recovery that takes place slowly but surely. I explained this to my kids, who are 18 and 16, and there unenthusiastic response was matched by my exuberance for the topic. I just returned to my coke and pizza and made a note to redouble my efforts as a trader.
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