Oil and Gas Lines, Super Bowl Sunday, Trade Deficit, The Housing Market and Harrison Johnson, CFP® : The Time Value of Money

Highlights:

• On Friday, February 4 China and Russia announced a new oil and gas deal valued at roughly $118 billion. It should also be known that last year the trade between the two countries hit a record $147 billion.
• The big game is now just a couple of days away!!! As always we like to take a look at some numbers before enjoying the game.
• The trade deficit has now reached $859 billion on a yearly basis, that’s an increase of 27% over the previous year.
• The numbers are in on inflation and it’s no surprise that inflation rose by 7.5% over the past year. It was the largest annual increase since February 1982. What affects will this have besides the obvious?
• Harrison Johnson, CFP® : The Time Value of Money

 

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