U.S. Economy

The U.S. is the world’s largest national economy. In 2013, the U.S. reported gross domestic product (GDP) of $16.8 trillion, or 22.4% of global GDP. China was a distant second at $9.2 trillion. Japan’s economy was the third largest in 2013 at $4.9 trillion, with Germany ($3.6 trillion) and France ($2.7 trillion) rounding out the top five.

The U.S. is also the second largest economy by region. In 2013, U.S GDP of $16.80 trillion was just slightly behind the entire European Union at $17.35 trillion.

As the world’s biggest national economy the U.S. is also its economic engine. That’s because the U.S. is the largest consumer market in the world. In 2013, consumer spending accounted for 71% of the U.S. economy.

As goes the U.S., so goes the global economy. Since the stock market crashed in 2008, U.S. economic growth has been weak. In 2008, the U.S. reported negative GDP of -0.03%; in 2009, it slipped further to -2.8%. Since then, the U.S. economy has experienced uneven growth. Most recently, in 2013, the U.S. reported GDP growth of 1.9%.

Going forward, the International Monetary Fund (IMF) has cut its outlook for global economic growth, saying there are limits to the United States’ ability to shoulder the world’s economy on its own. Before the financial crisis, the U.S. routinely advanced at around 3.0% annually. For 2014, the IMF expects GDP to grow 2.2% and in 2015 it expects the U.S. economy to advance 3.1%.

Can Anything Prevent a U.S. Stock Market Crash in 2016?

By Wednesday, October 7, 2015
U.S. Stock Market CrashIs the U.S. stock market poised to crash in 2016? Absolutely. The writing has been on the wall for ages. It’s not as if anything has happened of late to point to a stock market crash, it’s just that the rest of the investing community is waking up to what we have been pointing out for years. Stock Market Crash Getting Warmed Up The stock market.

Disturbing Trend Found in Friday’s Employment Numbers

By Monday, October 5, 2015
Friday’s Employment NumbersThis past Friday, the Bureau of Labor Statistics reported only 142,000 jobs were added to the U.S. economy in September. And August’s figure was revised lower from 173,000 previously reported jobs created to an actual number of only 136,000 jobs. (Source: Bureau of Labor Statistics, October 2, 2015.) Overall, September’s jobs.

Ron Paul Delivers Blunt Reality Check to Washington Establishment

By Sunday, October 4, 2015
Ron Paul Says Little Will Change in Washington After Boehner’s Resignation Is the U.S. economy on the verge of recession? Will Volkswagen AG survive “Dieselgate?” How did Ron Paul react to John Boehner’s resignation? Every week, the team here at Profit Confidential sifts through thousands of articles, research reports, .

Global Recession: These Two Leading Indicators Confirm It’s Almost Here

By Friday, October 2, 2015
Global_RecessionThe economic-related statistics being released on an almost daily basis are gruesome…and the chances of a global recession are becoming imminent. How bad is global trade? Talking numbers, between 1983 and 2008, on average, global trade grew at about six percent per year. Now this rate is down to just three percent. Here’s something.

Carl Icahn Explains Why Donald Trump is Right for America in 60 Seconds

By Wednesday, September 30, 2015
Donald TrumpU.S. Elections 2016: Donald Trump is Right for America, Says Carl Icahn Donald Trump should be President of the United States and is the only candidate who can save America. At least, that’s the opinion of billionaire investor Carl Icahn. In a much-anticipated video titled, “Danger Ahead: A Message From Carl Icahn,” the renowned.

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From: Michael Lombardi, MBA
Subject: Golden Opportunity for Stock Market Investors

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