July 2008 - AIA Advocate for Absolute Returns

The AIA "Advocate For Absolute Returns", an on-line publication of The Association for Investor Awareness, Inc., tracks market trends, industry news, the SEC, global trade and finance and Washington developments for you because they affect your investments. But who doesn't? Many sources simply report these issues as abstract facts.

We feel that's not enough. The AIA Advocate's job is to warn you of what's important and how these developments translate to ground-level forces and threats that directly affect your wealth as well as your current investment opportunities. Not just information, but information you can use. Until next time…

  • Week of 07/31/2008

    In This Issue:

    Many Americans Are In A Funk
    If Everything Is So Bad, Where's The Recession?
    The Fed's Rescues Come With A Price
    A Lending Conflict Is In The Making
    And A Weaker Dollar May Be On The Way
    DNA Checks Are Not Just For Crooks
    The Bottom Line This Week

    The bear picked himself up off the mat last week after having been knocked flat by the bull a few days earlier.

    As it turned out, the nasty fellow should have taken the full count to get back more of his strength. The best he could do with his rebound was push the Dow back a miniscule 1.1%. Nasdaq actually rose 1.2%.

    When the market reopened this week, we got a dramatic demonstration about how important oil prices have become on Wall Street. On Monday oil ticked up fractionally, and the Dow dropped 240 points. Then on Tuesday, oil dropped back down and the Dow shot up 267 points. The uptrend continued the next day with a 186 point gain.