In This Issue:
Credit Rebound Coming From Unexpected Sources
Signs Of Life Are Returning To Some Real Estate Markets
A Home Town Advantage With Stocks
Forget The Bottom, Focus On Value
Two Leading Stocks Look Especially Good Right Now
The Bottom Line This Week
As
the inauguration of the new American president approached, many analysts
expected the market would have an "Obama bounce." Alas, that happy event did
not occur. On the contrary, as further economic and banking industry worries
continued to mount last week, the Dow and the Nasdaq dropped another 3.7% and
2.7% respectively.
The
market fell another 332 points on Tuesday, when our new president took office.
(Nothing personal, Mr. Obama. As the Godfather used to say, "it's just
business.")
On
Wednesday, however, the mood brightened and the market rebounded 279 points.
...