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  • July 31, 2008

US stocks tumbled today after a report from the Commerce Dept suggested that slumping house prices and rising unemployment are diminishing the impact of federal tax rebates. The report indicated that the US economy grew at a slower rate than analysts had anticipated and likewise lowered GDP estimates from previous quarters. Read More

  • July 30, 2008

US stocks maintained their upward momentum from yesterday, led by shares of commodities producers. Despite higher oil prices, investor sentiment remained upbeat after a private-sector payroll report indicated that the economy added more jobs than expected in July. Read More

  • July 29, 2008

US stocks rallied today to solid gains, as dropping oil prices buoyed share prices in the retail and transportation sectors. Read More

  • July 28, 2008

The thought may have occurred to you last week that all is well again, the bears are back in their cages and the bulls are running free, not through the streets of Pamplona but those of Lower Manhattan. Read More

  • July 28, 2008

Continued anxiety over the economy fueled another downturn on the three major indexes today. The Dow Jones Industrial Average knocked off 239.61 points, or 2.11 percent, to 11,131.08. The Nasdaq Composite slid 46.31 points, or 2 percent, to 2,264.22. And the S&P 500 shed 23.39 points, or 1.86 percent, to 1,234.37. Read More

  • July 25, 2008

You know it’s election season when all of the populist regulatory initiatives start popping up seemingly daily. And despite the fact that neither of the two leading political parties in the US have yet to stage their conventions, politicos are moving fast and furious to make it appear as if something is being done to help the woes of the average common voter. Read More

  • July 24, 2008

Thornburg Mortgage has proffered a tender offer to shareholders of Thornburg Mortgage 8% Preferred C. Investors will receive $5.00 and 3.5 new common shares in exchange for each preferred share, which has a suspended dividend. Read More

  • July 24, 2008

US stocks took a battering today, with share prices in the financial sector bearing the brunt of the damage amid renewed concerns about declining house prices and employment levels. Read More

  • July 23, 2008

When it comes to investing, we’ve been generally optimistic. Why would you buy investments unless you have a reasonable expectation that the market will improve? Read More

  • July 23, 2008

Just because stocks are down doesn't mean they're cheap. A rational approach helps you know when to buy and when to sell. Read More