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Yesterday the three major US stock indexes rallied on speculation that China would augment its stimulus plan; today those gains evaporated after the country downplayed any such expansion. Once again the financial sector provided the session’s biggest losers, with share prices of Citigroup (NYSE: C) and other large financials suffering substantial declines. Read More
The three major US stock indexes rallied handsomely today, as speculation that China plans to announce additional stimulus measures bolstered share prices in the commodities and industrial sectors. Read More
The three major US stock indexes, and others around the world, plunged today after massive losses at American International Group (NYSE: AIG) prompted the US government to step in once again to shore up the embattled insurer. This latest ignominy, coupled with news that HSBC Holdings (NYSE: HBC) will exit the US consumer-lending market and raise additional capital, reignited concerns about both the health of the financial sector and prospects for economic growth. Read More
The three major US stock indexes, and others around the world, plunged today after massive losses at American International Group (NYSE: AIG) prompted the US government to step in once again to shore up the embattled insurer. Read More
US money supply is growing at a record pace, and the Federal Reserve has effectively cut interest rates to zero. Yet the US economy is experiencing deflation or, at the very least, strong disinflation, and the dollar is rallying. Read More
The three major US stock indexes continued their slide, dragged down by skepticism over the government’s latest bailout of Citigroup (NYSE: C) and news that the economy contracted 6.2 percent last quarter. Read More
The three major US stock indexes failed to hold early gains, as concerns that reforms to the healthcare system could weigh on profits in the sector. Read More
Quarterly earnings results support our strategy of owning a diversified mix of defensive and beaten-down growth stocks. Here’s a look at some of our favorites. Read More
Big yields abound in this market, but so does danger. Be intrepid--and careful. Read More