Topic: How To Invest

What is Pat's commentary for the week of December 4, 2012

Article Excerpt

From time to time, we create special reports about timely subjects that are likely to interest our clients. As an Inner Circle member, you get a free “first-look” at these reports, before anyone else. We have begun work on a new special report on how you can profit during President Obama’s second term in office. One key aspect of Obama’s second term is that the weak economic growth since the recession is likely to continue in the next few years. After all, rising taxes tend to hurt economic growth. Taxes are sure to rise, as Congress struggles to control the ballooning U.S. federal budget deficit and exploding U.S. debt. Higher taxes shift funds from the private sector to the public sector. This hurts growth, if only because government investment is more vulnerable than private investment to political interference. For example, the Obama administration is likely to favour more union involvement wherever possible, and to favour job growth over productivity growth. At the same…