Financial Survival Network

Summary: Kyle O’Dell has a long history in the financial sector, and comes on the show to give his take on the latest GDP numbers. Although the 2.9% GDP headline looks promising, Kyle suggests that there is a lot more to it. Other variables such as increasing credit card balances, lower income levels, and lower savings indicate that the reality is less positive than we may be led to think. Kyle outlines some investing opportunities that provide safety within the downside, and we discuss the future implications of what is happening right now. Tune in for more insight. Highlights: -The employment numbers are looking weak and GDP is looking better -The reality isn’t quite as encouraging as the 2.9% GDP headline; Kyle suggests that there is a lot more to it -Credit card balances are going up, income is down, and savings are down. We’re also seeing sluggish business investments and a slowing housing market -The reality is that the 2.9% is not as positive as it looks on the surface -The reasons to stay away from th