In This Issue:
Inflation Spike Seems Unlikely To Last
The Dollar Rally Gathers Strength
Russians In Georgia Have Investors Spooked
The Outlook Is Good For U.S. Defense Companies
In A Low Yield World, Dividends Shine
The Bottom Line This Week
stock rally lost some ground last week which made many investors worry that the
run may be coming to an end. That fear was justified since the main engine
behind the rally -falling oil prices- continued to play their part. Even with
oil moving down to the $112 range, the Dow fell 0.6% for the week.
stocks moved in the opposite direction to their larger cousins as the Nasdaq
posted a 1.6% advance. In its own way, the small stock upturn also made
investors nervous. The bounce was another in a long list of confusing
situations that are at work in the market today.