The economic data has certainly got worse and worse and Bill Gross of Pimco believes that the U.S. is approaching a recession. I believe this secondary recession would have been avoidable if Congress and President realized the gravity of the situation and put on a full course press on promoting economic growth. You can’t deleverage both the public and private sectors at the same time and that is exactly what they have made happen due to their war against the banking system. You can’t have interest rates where they are and not have legislation to create jobs.
INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.