DIAMONDS Trust Series I (DIA)

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  The US Economy Is Rubbish

As this tracks the Dow Jones, any changes in the US Economy are critical for it. Many suggest that the "green shoots of recovery" are merely gangrene setting in.

In the "real economy", volume of goods transported by rail fell off a cliff in Fall 2008 and have stayed down, showing no hint of recovery whilst unemployment has spiraled to 10%. And all this when Obama is pouring an accelerating amount of cash into the economy which seems to be merely going into a speculative boom. This rash squandering of money to run up a speculative boom cannot continue. The "stimulus package" is bound to halt, and when it does, one can certainly see the chiokens coming home to roost in the markets.

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