Wall Street Webcasting Presents Wells Fargo Securities: Complacency Amongst Investors
Wall Street Webcasting presents exclusive video of Rich Gordon, the
highly regarded Fixed Income Market Strategist of Wells Fargo Securities (NYSE:
WFC). This week Gordon asks the question, are investors too
comfortable, given the political unrest amongst Democrats and
Republicans?
The VIX has fallen by 900 basis points since it peaked in December and
Gordon believes “the greatest threat to the continued stability and
upward direction on the prices of risk assets is an increasingly
fractured political climate in Washington.” The debt limit will be
reached in late February and March, and sequester cuts will go into
effect. The projection of economic growth could fall by half a percent
or more in 2013 if all of the sequestration cuts are made.
To hear the GDP expectations for 2013 and a more thorough explanation of
how the unrest in Washington could affect economic growth for the year,
tune into Wells Fargo Securities’ newest video.
Please visit the following link to view the video:
http://www.wsw.com/webcast/wav/
