In This Issue:
Stocks Search For A Bottom
High Energy Prices Will Return
Commodities Will Also Rebound
Infrastructure Spending Is Likely To Soar
The Bottom Line This Week
Stocks
stumbled badly again last week as deteriorating economic news caused another
round of investors to throw in the towel. By Friday afternoon, the Dow and the
Nasdaq were down an additional 5.0% and 7.9%. The declines left the two indices
down 35.9% and 42.8% for the year. Ouch!
This
week got off to an equally bad start. Although we had a 151 point gain on
Tuesday, it was overshadowed by a 651 point slide on Monday and Wednesday.
...