China Leads Declines

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Stocks are selling off around the world. And China is in the lead. The Shanghai Composite is down 23% since August 4. Former Morgan Stanley Asia economist Andy Xie… Read more

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AIG vs. Intel: Cash for Clunker Stocks Rolls On

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The New York Times article is titled "AIG Rises, and Many Ask Why". After all, the company is 80% owned by the government, owes around $180 billion, is cash-flow… Read more

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Investing in the Future

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There is a message to Detroit from Americans who participated in the Cash for Clunkers program: don’t make any more Ford Explorers, F-150s or Jeep Cherokees. These were the… Read more

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Cash for Clunker Cars Ends, Cash for Clunker Stocks Going Strong

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Yesterday, I mentioned that I thought the Cash for Clunkers was a pretty decent idea, as far as stimulus plans go. Rather than simply hand the automakers cash, the… Read more

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Bernanke’s Second Chance and Dr. Doom Returns

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As if there had been any doubt, Fed Chief Ben Bernanke was nominated for a second term. This is a good move in my opinion. Especially now, switching horses… Read more

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Weakening Dollar Good for Jobs, Bad for Your Household Budget

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"The question is not whether the dollar will weaken over time, but how it will weaken…"  That’s what the CEO of bond giant PIMCO, Mohamed El-Erian, had to… Read more

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Can you Trust Congress to Protect Your Wealth?

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If you didn’t see Warren Buffett’s Op/Ed piece in the New York Times yesterday, here’s the link. Buffett is calling on Congress to make the hard choices when… Read more

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Lowes Cites Weather as Cause for Lower Earnings

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Lowe’s (NYSE:LOW) reported weak earnings yesterday. Plus, the company’s guidance for current quarter earnings was weaker than expected. Needless to say, worrisome headlines about consumer spending sprang up, and… Read more

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Stocks Open Lower for the Week

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Major indices around the world continued the weakness displayed on Friday. U.S. indices are off over 2% and very near some critical support areas. We are watching:

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