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| George Livingston |
Maitland, FL --- Longtime Central Florida investment advisor
George Livingston, chairman of NAI Realvest in Maitland, has a message
for economic doomsayers: relax.
Things really are getting better.
“The economy is expanding and it’s likely to continue to
expand during 2013 and for the next several years,” Livingston said.
Interest rates will remain low---and wise borrowers will
lock in debt---but lenders will be stingier with their capital, requiring
developers to put up more equity on capital improvement loans. The government
will continue to stimulate the economy with monetary and fiscal policies.
The biggest roadblock to economic growth, Livingston said,
will be the uncertainty generated by regulation and social engineering.
Inflation is likely to increase.
Employment will improve, but unemployment will remain above
comparable norms. Consumption and investments will increase, as will the number
of mergers and acquisitions.
The housing market will continue to expand, government
spending will remain high, and taxes are likely to increase, Livingston said.
Foreign trade will increase as well, and U.S. firms will
return offshore operations to America. Moreover, foreign firms will increase
their U.S. operations.
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| Warehouses offer investment opportunity |
“America is moving toward energy self-sufficiency, and as a
result exports will have a very positive net economic effect,” Livingston said.
For investors, warehousing and manufacturing are key sectors
for economic growth.
On the world front, turmoil will persist in the Middle East
and Europe will continue to have economic problems, but Mexico and Canada will
see strong economic improvement.
“America will do its best not become entangled in foreign
conflicts,” Livingston said. And U.S. military strength will decline as a
proportion of global military spending.
The next big battlefront, Livingston said, is
cyberware.
“Cyberware is a clear emerging national security and
economic threat,” Livingston said.
Overall, Livingston said, we should prepare for better days.
Our improving economic picture will drive the stock market higher, which in
turn will boost equity markets.
Contacts:
George Livingston, Chairman, NAI Realvest 407-875-9989 Glivingston@realvest.com
Larry Vershel, Larry Vershel Communications Inc. 407 644
4142 Lvershelco@aol.com
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