"So many people – politicians, journalists, I'm afraid market analysts – sort of believe this story of an economics recovery going on around the world," Roger Nightingale, strategist at RDN Associates, told CNBC. "This economics recovery hasn't occurred. In fact, actually for the past 18 months people have been talking about it, the data is pretty flat. If anything, it's getting flatter." .... "The conventional response, among economists, is that the government must take action to boost domestic demand in the United States, with either monetary or fiscal stimulus, or by redistributing wealth," he said in a note, citing the...
