February 10, 2013: Economic Update

This week we reviewed the latest economic news, with a focus on the CBO report. In just six months (from August to February) they have tripled the size of our projected deficits over the next 10 years, from $2.3T to $6.9T (and I’ll still take the over).They are projecting less than 1.5% GDP growth in 2013 and near 8% unemployment. Sounds like “recovery summer” is finally here! I can’t wait for the State of the Union address so I can hear everyone take credit for this excellent economy so they can justify doing more of the same…

We also looked at some levels and some trades to follow…

Listen or Download Here NWIS 02102013

Click Here For Free CD Offer!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: