Almost three years after it began, the U.S. recovery may strengthen as autos and housing begin to reemerge as mainstays of growth.
Or maybe not. An opinion.
Ian Shepherdson at High Frequency Economics Ltd. is betting the comeback from the worst financial crisis since the Great Depression will be rooted in a thawing of lending, an area that usually lags behind.
This is a fairly easy bet considering the interest rates are being held artificially low. Which means a credit expansion and "cheap money". But it's still a bet, not a fact.
Or maybe not. This is his opinion and prediction.
Probably. Or perhaps probably not. Another opinion.
Another projection. This is an opinion, not a fact. He's attempting to predict future growth. And you call that fact?
Ford this month raised its 2012 forecast for total U.S. vehicle sales to as much as 15 million. If FordÂ’s prediction is on the mark, industrywide vehicle purchases would rise by about 2 million this year from 12.7 million in 2011, according to Carson
Forcasts are predicitions. Ever seen a weatherman forcast the weather wrong? I have, more often than not.
While unseasonably mild temperatures probably boosted demand, “there is no way that that entire increase is a weather effect,” said Shepherdson. “Some of the rebound is real and sustainable.”
I'm sure some of it has to do with a lot of things. A fact this does not make however.
