It’s still at least a few months away, but selling shares again will be a major step in the automaker’s remarkable recovery. Should you buy General Motors’ stock?
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Archive for July 6th, 2010The recent pullback has many investors seeking safety, but bailing out of stocks is probably not the answer. Here’s a portfolio that aims for both growth and security. Everyone needs a secure (and insured) place to stash their cash. Even if you’ve had problems in the past, it’s possible to get a bank or credit union account. A pre-computer security feature was slipped into your credit card numbers and remains there today. Pull out a card and a pencil to see the math trick for yourself.
Jul
06
2010
 
Chris Christie Faces Fiscal, Political RealityPosted by: realclearmarkets in RealClearMarketsNew Jersey Governor Chris Christie has become a national figure in less than six months in office. He’s been extolled by syndicated columnists as he takes on the state’s powerful public sector union, while Newsweek magazine has wondered, is he the best governor in America? And Fox Business’ Neil Cavuto recently asked Christie if he was a candidate for president.
Jul
06
2010
Altucher: Europe Could Use a Man Like ‘Helicopter’ BenPosted by: yahootechticker in Yahoo Tech TickerNations across Europe from England to Poland, and most in between, are looking at ways to cut their deficits and ease fears of debt default. No one denies the importance of fiscal responsibility, but there is also a growing concern that too much austerity
Jul
06
2010
Wall Street Whispers: Consumers Are DumbPosted by: realclearmarkets in RealClearMarketsNEW YORK (TheStreet) — Consumers of financial products can be pretty dumb.
Jul
06
2010
James Altucher Advices Young People to Invest in Themselves, Stay Away from the Stock MarketPosted by: yahootechticker in Yahoo Tech TickerWhat should a young person do if they experience a $20,000 windfall? Some analysts say that the market has hit bottom so now is the time to buy stocks. Individuals at the beginning of their career have the time to ride out fluctuations in the economy. Al
Jul
06
2010
Niall Ferguson: The US Has 6 Years Before Debt Payments Surpass Defense SpendingPosted by: yahootechticker in Yahoo Tech TickerProvided by Business Insider, July 6, 2010:The world’s hottest deficit hawk Niall Ferguson brought his message of fiscal doom & gloom to the Aspen Ideas Festival, where he warned that politicians were lacking urgency over the crisis to come.The Aspen
Jul
06
2010
James Altucher’s Three Creative Ways to Boost the U.S. EconomyPosted by: yahootechticker in Yahoo Tech TickerFriday’s jobs data capped a string of disappointing reports pointing to a U.S. economy that’s rapidly losing altitude. To prevent any further descent from the highs of the stimulus-fueled recovery of 2009, James Altucher proposes three creative ways to bo
Jul
06
2010
Forget Your Fears, Stocks Are Headed to New Highs, James Altucher SaysPosted by: yahootechticker in Yahoo Tech TickerThe bears are very much in control of the stock market. The Dow is once again under 10,000 and investors like Richard Suttmeier think the Dow is headed to 8500, or lower. … Whether or not the National Bureau of Economic Research ultimately agrees, we are now entering the second dip of a double-dip recession. This is because jobs are what really matter to most Americans, and the employment situation is getting worse, after a scant four months of getting better.From a theoretical point of view, another recession is what we should expect right now. This is because both GDP and employment are driven by private business investment, and huge tax increases on both business income and capital investment are now only six months away. However, the oncoming recession is… When we talk about a Greek default, the concern is that Greece is literally unable to pay its bills: more bonds come due than can be repaid in the current year, and nobody is willing to issue Greece new debt at an affordable interest rate. For this reason, any strategy to prevent default involves both austerity measures in Greece, to eliminate budget deficits; and loan guarantees from outside entities, which make it possible to roll over Greek debt. |
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