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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy. Meanwhile, USA must correct debt and raise the interest rates. Raising the interest rates in the USA and dropping them in Europe, recovers the European domestic demand and EE.UU may return to invest in Europe, with a stronger dollar, without any problem, generating hundreds of thousands of jobs
WASHINGTON (MarketWatch)
The economy is expected to continue strengthening, possibly picking up this spring and summer, the Conference Board said Friday as it reported that its index of leading economic indicators grew 0.4% in January, led by the interest-rate spread and manufacturing hours
"This fourth consecutive gain in the LEI reflected fairly widespread strength among its components, pointing to somewhat more positive economic conditions in early 2012," said Ataman Ozyildirim, a Conference Board economist
Economists polled by MarketWatch had expected a January gain of 0.5%
The reading for December was revised to 0.5% from a prior estimate of 0.4%
The LEI is a weighted gauge of 10 indicators that are designed to signal business cycle peaks and troughs
Among the 10 indicators that make up the LEI, seven made positive contributions in January
There were three negative contributors, led by consumer expectations for business conditions
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