Wall Street Webcasting Presents Wells Fargo Securities:Complacency Amongst
NEW YORK -- January 16, 2013
Wall Street Webcasting presentsexclusive 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
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:
Wall Street Webcasting
Tracy Lewin, 201-683-2100
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