The three major US stock indexes recovered from yesterday’s losses despite the Federal Open Market Committee’s gloomy assessment of the economy. President Elect Obama’s proposed stimulus plan managed to buoy investor sentiment, while many traders believe that stock prices already discount worsening economic conditions. Read More
Archive
Filter
Like it or not, big government fiscal stimulus plans are back in vogue. For at least the next two years, a tidal wave of US and foreign government spending will hit global markets, powering major tailwinds for certain industry groups and stocks. At least for a time, this wall of cash will also likely push a recovery in global economies and stock markets. Read More
The three major US stock indexes faltered today, failing to maintain last week’s upward momentum. Share prices in the energy patch fared well today--paced by the strong performance of Peabody Energy (NYSE: BTU)--but telecom stocks took a bit of a hit after an analyst downgraded two of the sector’s leaders. Read More
US stocks rallied on the last day of 2008, bolstered by news that the auto industry could receive additional aid from the Treasury Dept. Read More
US stocks finished the day in the green, bolstered by news that the federal government’s $6 billion bailout of GMAC and vows that the finance company would expand lending to customers of General Motors (NYSE: GM). Read More
The biggest mistake income-oriented investors make is to simply look for stocks with high-percentage yields. This is a sure path to disaster. Read More
US stocks rallied from the morning’s rolls but ultimately failed to make it into the green, as Kuwait scuttled a deal that would have partially financed Dow Chemical’s (NYSE: DOW) purchase of Rohm & Haas (NYSE: ROH). Read More
This is the best buying opportunity in the energy sector for more than a decade. Read More
Health care is a safe port in tough economic times. No matter how the markets or the economy may be performing, people always get sick. Read More
Gold is a great hedge in any economic environment, and now is a great time to give it a place in your portfolio. Read More