phenomenal new book, phillip kogan. i ll explain. first, here s my take. some of you regular viewers will recall that at the start of the first show of this year i predicted hopefully that the u.s. woo economy would recover nicely in 2012. i m returning to that topic with some preliminary good news. if you look around the industrialized world, the u.s. economy is the most promising of the bunch. the american recovery is not as vigorous as one might hope, but it is remarkably broadbased. manufacturing is up, including for the first time in 30 years nontechnology manufacturing. retail sales are up. consumer confidence and spending are growing. consider sales are up. the stock market reflects this. two areas of the economy that continue to lag are jobs and housing. both critical areas. generating economic growth and profits continues to be easier than creating jobs as this week s data showed. housing, for its part, has traditionally led every recovery since world war ii. this
troops without leaving chaos in its wake? next up, debt, shedding real light on our present situation in the united states and europe. we have the author of a phenomenal new book, phillip kogan. i ll explain. first, here s my take. some of you regular viewers will recall that at the start of the first show of this year i predicted hopefully that the u.s. woo economy would recover nicely in 2012. i m returning to that topic with some preliminary good news. if you look around the industrialized world, the u.s. economy is the most promising of the bunch. the american recovery is not as vigorous as one might hope, but it is remarkably broadbased. manufacturing is up, including for the first time in 30 years nontechnology manufacturing. retail sales are up. consumer confidence and spending are growing. consider sales are up. the stock market reflects this. two areas of the economy that continue to lag are jobs and housing. both critical areas. generating economic growth and prof