Business
August_29th_2012.mp3 Economic Growth Pessimism runs rampant despite improving economic data. U.S. Gross Domestic Product (GDP) in the United States expanded 1.7 percent in the second quarter of 2012 stronger than earlier report of 1.5%. U.S. GDP Growth Rate (Click For Larger Picture) Despite an improving U.S. job and housing markets, consumer confidence fell to the lowest level it's been in several months. The results are the latest swing in the index, which has been on a rollercoaster. Better than expected U.S. Gross Domestic Product (GDP) in the United States Rose 1.7% in the second quarter of 2012 and backs up a series of economic indicators showing improvement. Pending U.S. home sales is at the highest level in 2 ½ years. Earnings are improving with over 60% of reporting companies beating their estimates. Despite recent media attention and suggestions that we are headed into a recession which would be two quarters of negative GDP growth the facts do not support that call. These events must be analyzed as to how it affects individual stocks that will benefit from this ever changing economy with incredible potential. It is paramount that investments are considered and evaluated for upside potential reward measured against potential downside risk. There are many opportunities to make money but it requires action on your part, each stock selected must show risk/reward of at least 2:1. Make the call - let me provide you with a unique perspective on your investments through a no-obligation consultation. Contact me by filling out the 'Unique Perspective' form on the Contact page, or by calling at 1-204-982-0633. Before trading, please contact an investment professional.