Thursday, February 17, 2011

Deficit Budget in America...

The budget deficit is back in focus as the President has put forward his plan to trim the deficit. As expected Democrats and Republicans disagree on the size and substance of the plan. So there will be a lot of wrangling over the deficit in coming weeks. And there will probably be some reaction in bond prices which may have ripple on effects to stocks.

Middle East tensions continue on the rise with more demonstrations in more countries. In the long run this may indeed be the people's uprising which leads to greater democracy, freedom and peace in years to come. In the mean time it is a powder keg that equates to higher oil and gold prices. So if you don't already have some exposure to these areas in your portfolio, then now is a good time to do so. 

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Thanx :)