In This Issue:
Company Earnings Look Good
Dividends Are Also Increasing
Another Shameless Plug For Dividend Aristocrats
These Winners Remain Attractive...One For 194 Years
Smaller Stocks Are Coming Up Fast
Semiconductors Looking Good Too!
The Bottom Line This Week
our last newsletter, the stock market retreated from its earlier highs. That's
not surprising since there was cheerless economic news from Europe. The
infamous PIGS (Portugal, Italy, Greece, and Spain) are having an embarrassing
problem with their colossal debts. Payments are due, but the big spenders are
coming up short a trillion dollars or so. The exact number is still in dispute.
Whatever it turns out to be will be a shocker.
calmed down a bit when other European countries promised to bail out their
spendthrift neighbors. But before anybody could start to buy stocks again, the
Fed made a surprise ¼ point increase in the discount rate it charges banks.