In This Issue:
Double Dip, Or Onward & Upward?
Many Winners Should Have Further To Go
Inflation, Deflation – Or Neither?
Beating The Bushes For Returns
The Bottom Line
nearly six weeks of uncertainty, investors finally decided the outlook for the
economy was improving enough to justify higher stock prices. Since our last
newsletter in June, the Dow and the Nasdaq went up 3.4% and 2.1% respectively.
Nearly all the gains came during the last two weeks.
Dip, Or Onward & Upward?
stock gains notwithstanding, the recovery is still on shaky ground. With growth
at an anemic 2.5%, it would not take much good or bad news to push the economy
make the matter even harder to call, many industries are growing strongly, but
others are still losing money.
the positive side of growth are the multinational blue chips that do a great
deal of business overseas. Their profits are rolling in thanks to the healthy
global economy. China, India, Southeast Asia, much of South America and many
other regions have cooled off a bit, but most analysts think that's all to the