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  • A Summer Rally Seems Likely

    In This Issue: Stocks Or Bonds, That Is The Question Greece Is Still A Big Concern A Summer Rally Seems Likely Housing Is Starting To Attract Investors The Market Is Expanding For Private Services The Bottom Line The stock market correction we have been...
  • Really!!! The Economy is Showing More Signs of Life

    In This Issue: The Economy Is Showing More Signs Of Life Growth Stocks Should Benefit The Most The Outlook From Here It’s Time To Start Nibbling At Housing Stocks The Bottom Line The stock market appears to have made up its mind about which way...
  • Confidence Will Be The Key To Growth

    In This Issue: Earnings Are Up For Many Companies The Economic Outlook Is A Bit Brighter Confidence Will Be The Key To Growth The Search For Income Is Becoming More Difficult Dozens Of Blue Chip Stocks Pay More Than Bonds Yield On Cost: A Payoff Worth...
  • Week of 09/11/2008

    In This Issue:

    Feds Ease The Mortgage Threat, But Create New Problems
    Housing Is Now More Political Than Ever
    Top-Yielding CDs Blast Treasury Returns
    India's Outsourcing Stocks Are Again Attractive
    The Bottom Line This Week

    Two weeks ago, investors were inclined to ignore moderately bad news because they were focused on what looked like a coming economic recovery. Last Thursday, however, the optimism evaporated when the unemployment rate jumped unexpectedly. Rumors of additional problems with insolvent hedge funds added to the angst, as did growing worries about the king-sized problems at Fannie Mae and Freddie Mac.

    Investors put it all together and decided the outlook wasn't as encouraging as they first thought. In fact, it was starting to look as if a further economic slowdown could be in the works.

    When the new forecast made the rounds, the market dropped 345 points. We had a tepid 33 point rebound on Friday, but it fell into the faint praise category which actually deepened the gloom. When the final bell rang for the week, the Dow and the Nasdaq were down 2.8% and 4.7% respectively.

    Over the weekend, however, the outlook went from dead black to positively upbeat when Treasury Secretary Paulson announced his benevolent agency would rescue Fannie and Freddie. On Monday, jubilant investors pushed the market back up 290 points.