Deficits and Easy Money do Increase GNP and vice/versa
And therein lies the the dilemma that Washington faces. The Republicans apparently don’t understand the the equation and will end up being blamed for all kinds of bad things that will evolve. In a way though, maybe this is the only way to start a change in direction of the way the economy works. Learning to do with less, to move to less consumption and more production had to have a catalyst. The only ironic part to this is, Wall Street doesn’t get it.
On our home page we have updated the performance in our tracking funds, the tracking of our comments over time in this blog on a cumulative basis. See 2/28/13 Performance Update.
No change in the Technical Numbers since the last email of those were sent out last Friday.