With our investment news briefs, Money Morning provides investors with a quick overview of the most important investing news stories from all around the world. New Home Sales Rise 9.6%; Homebuilders Buying Lots Again; Thrifts Report First Profit Since 2007; Air Berlin May Cancel 787 Order; German Confidence Increases; Beer Prices Rise; Dollar Tree Beats […]
Archives for August 2009
August 2009 - Page 2 of 9 - Money Morning - Only the News You Can Profit From
How to Use High-Yielding Stocks to Pave the Way to Double-Digit Capital Gains
Money Morning Special Investment Report If you want to succeed as an investor in today's whipsaw markets, you have to be a real bulldog. An "Alpha Bulldog," that is. Money Morning Contributing Editor Martin Hutchinson – a 27-year investing veteran of the global financial markets – has these days become well known for his timely […]
Government Incentives Boost July Durable Goods Orders
Orders for durable goods in the United States climbed 4.9% in July, beating analysts' expectations of a 3% increase. However, the results were skewed by the government's now-ended $3 billion "cash for clunkers" program and a surge in non-defense aircraft. Excluding the highly volatile transportation category, orders grew 0.8%, short of the 0.9% increase expected […]
With Reappointment in the Bag, Fed Chairman Ben Bernanke Turns to Face Troublesome New Challenges
For U.S. Federal Reserve Chairman Ben S. Bernanke, the biggest challenges are still to come. U.S. President Barack Obama yesterday (Tuesday) nominated Bernanke for a second four-year term as chairman of the U.S. Federal Reserve. The appointment was mildly controversial and must be approved by the Senate, but lawmakers and investors overwhelmingly approved of the […]
Investment News Briefs
With our investment news briefs, Money Morning provides investors with a quick overview of the most important investing news stories from all around the world. Consumer Confidence on the Mend; Q2 Housing Prices Rise From Previous Quarter; Judge Questions BofA/SEC Settlement; Chrysler Sues Former Parent; Toyota to Cut Production Capacity by 1 Million; Sony To […]
Is Ben Bernanke's Reappointment Bad News For Investors?
I am now fully used to U.S. Fed Chairman Ben Bernanke's extraordinary self-regard. However, I have to admit that even I was surprised by last Friday's CBS Marketwatch headline: "We Saved the World From Disaster, Bernanke Says." Although that's an extraordinarily cheeky claim, it seems to have persuaded U.S. President Barack Obama, who yesterday (Tuesday) […]
Slow Economic Recovery will Lead to Record Deficits
The current recession will lead to large budget deficits that far exceed previous estimates and a doubling of the national debt, the White House's Office of Management and Budget (OMB) and the Congressional Budget Office (CBO) said yesterday (Tuesday). The federal budget deficit for 2009 will reach a record $1.6 trillion, far higher than 2008's […]
The Secret to Building a Portfolio that Pays - in Good Markets and in Bad
With the very real possibility that the stock market recovery has outrun the global economic rebound, investors need to consider defensive investments that will provide protection and even some profits should some of the world's top stock markets take it on the chin. To be sure, stock prices in many of the markets around the […]
Investment News Briefs
With our investment news briefs, Money Morning provides investors with a quick overview of the most important investing news stories from all around the world. Dollars for Dryers, GM Ogles Opel, BofA Defends Settlement, Warner Does Debt, Dollar Dances Higher First it was "Cash for Clunkers." Now it's "Dollars for Dryers." With sales of big-ticket […]
Six Ways to Profit From Guru Jim Rogers' Prediction That Sugar is Sweeter Than Gold
Global investing icon Jim Rogers is shifting his sights from gold to sugar. And with good reason. Sugar prices have zoomed more than 80% since the start of the year – eclipsing the 21-cent-per-pound mark for the first time in 28 years. But Rogers says there's more room to run: Even after its scorching advance […]