Archives for January 2009

January 2009 - Page 12 of 12 - Money Morning - Only the News You Can Profit From

Obama Stimulus and January Effect Will be the Week's Top Stories

By William Patalon IIIExecutive EditorMoney Morning/The Money Map Report President-elect Barack Obama's transition team is reportedly putting the finishing touches on an economic recovery plan that could run from $675 billion to $1 trillion, though many experts believe the program will most like range between $700 billion and $800 billion. Briefings for top congressional Democrats […]

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Gloomy Earnings Prospects Hold Key to Stock Buying

By Martin HutchinsonContributing EditorMoney Morning The consensus estimate of earnings for the Standard and Poor’s 500 Index for 2009 is currently about $83. The index itself is currently standing at about 904. That means the market is trading on only 10.6 times next year’s forecast earnings, far below the historical average multiple. So it is […]

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Global Investing Roundups

China Lifts Inflation Controls; Awful Year for India Rupee; 30-year Mortgage Rates Hit Record Low; First Recorded Decline in Online Holiday Shopping; UBS Offloads Bank of China Stake With inflation easing, China has lifted temporary inflation controls on key commodities such as liquefied petroleum gas, power-station coal, grains and cooking oil. Ten months ago, China […]

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