What is Running the Economy?

Highly paid, well-trained economists and stock analysts have many computer models to make financial and economic predictions and analysis. Unfortunately, these comments usually scare everyone and drive down the market and the economy.

Astrologers often do a much better job, but so does the average person.

I know of a woman who predicts the ups and downs of the economy and has a better forecast rate than the experts. I finally learned one of her secrets. It is based on the number of coins left on the street, when she finds many coins, especially quarters; she knows the economy is fine. Small coins increased this spring (2010) and there were a few quarters, but she said we are not out of the woods yet.

Economists are saying we are dipping back into a recession and this fear is sparked in part by the lack of sales activities.

Did you want to shop this summer in the heat, or during fire, floods, drought, or extreme cold? Who has the energy to think about buying anything unless it is a necessity? This extreme weather is not limited to the US; it is all over the world. Carbon monoxide from the fires near Moscow is keeping everyone indoors and fearful.

I have also heard that areas below the equator are experiencing extreme cold weather.

As one person said, "I am so tired when I come home from work, I don't want to run out into the heat and shop." Another person said, "I don't want to shop and then come back to a car sitting in the mall parking lot in the hot sun."

Do you think weather has affected sales? Do you think our everyday observations are better than the opinions of all the high paid analysts? What do you think is driving the economy? What are your observations? Please leave any thoughts in the comment section.