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  • June 19, 2008

US stocks found themselves in greener pastures today, as lower oil costs buttressed consumer and transportation companies’ share prices. Meanwhile, embattled regional bank BB&T unexpectedly announced a dividend increase, further buoying investor sentiment.. Read More

  • June 18, 2008

This morning FedEx (NYSE: FDX) announced a fourth-quarter loss before the bell even sounded, setting the tone for a trading session that saw US stocks sink into the red. Read More

  • June 17, 2008

Banks aren’t fixed. And for anybody who’s excited about backing up the truck in the hopes of cashing in on a recovery and rebound in regional and local banks in the US, I hope you have a lot of extra cash in your portfolio. It doesn’t look good, and the troubles are far from fully revealed to the public, let alone addressed and fixed Read More

  • June 17, 2008

Analysts at Goldman Sachs warned that banks may need to raise an additional $65 billion in capital to offset further losses, and the subsequent selloff in the financial sector dragged the three major US stock indexes into the red. Read More

  • June 13, 2008

The three major US stock indexes ended the week on a positive note, posting respectable gains today. A stronger US dollar and lower oil prices boosted investor sentiment, while those anxious about inflation breathed a sigh of relief after government data confirmed analysts’ expectations about consumer prices. Read More

  • June 12, 2008

The three major US stock indexes managed to finish in the green, though a rebound in oil prices took the wind out of investors’ sails and reduced earlier gains. Nevertheless, consumers gifted markets with a welcome pick-me-up: Retail sales for May outstripped many analysts’ forecasts, with purchases climbing 1 percent. Read More

  • June 11, 2008

Einstein noted that doing the same thing the same way over and over and expecting a different outcome is a sign of insanity. Read More

  • June 11, 2008

Getting paid has always been the objective when picking through the stocks, bonds and funds that span the investment universe. Read More

In the previous century, a weak US economy was always curtains for vital resources. This time around, however, vital resources continue to surge across the board. One of the brightest stars is steel. Read More