Why CNBC May Have Jinxed Higher Stock Prices

The “golden cross” has only happened 26 times in the past five decades. But the talking heads on CNBC must have mentioned it 100 times yesterday morning. The golden cross occurs when the S&P 500′s 50-day moving average (DMA) crosses above the 200-DMA. This is widely viewed as a bullish indicator, leading to above average gains in stock prices in the months ahead. Of the 26 times we’ve seen the golden cross, stocks were higher six months later 21 times. […]

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Making Money On Poverty: JP Morgan Makes Bigger Profits When The Number Of Americans On Food Stamps Goes Up

How would you feel if someone told you that one of the largest banks on Wall Street makes more money whenever the number of Americans on food stamps goes up?  Unfortunately, this is something that is actually true.  In the United States today, one out of every seven Americans is on food stamps.  In fact, the number of Americans on food stamps has increased by a whopping 14 million since Barack Obama entered the White House.  All of this makes […]

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More On “Just Don’t Lose It”

I wanted to delve a little further into the Just Don’t Lose It cover story from this week’s Barron’s. The article included some sort of model portfolio that US Trust is apparently recommending to its clients. There were a couple of different things in there so this will focus on the “long term benchmark” which was as follows; Cash 0% US Large Cap 16% US Mid Cap 7% US Small Cap 4% Developed Foreign 9% Emerging Market 6% US Investment […]

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The Rust Belt Came Back Strong in 2011; Midwest Manufacturing Is At the Forefront of the Recovery

The Chicago Federal Reserve reported today that its Midwest Manufacturing Index (CFMMI) increased 1.7% in December, to a seasonally adjusted level of 87.4 (2007 = 100).  Here are some highlights of manufacturing activity in the 7th Federal Reserve district that covers Illinois, Indiana, Iowa, Michigan, and Wisconsin: 1. Manufacturing output in the Midwest region rose 8.4% from a year earlier in December, more than twice the 4% increase in national manufacturing output over the same period. 2. Regional machinery output […]

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The Stock Market and the Dollar Sustain the Bullish Environment for Precious Metals

This week marked the Year of the Dragon in the Chinese calendar, and according to Chinese mythology, Dragon years bring powerful changes and optimism representing imperial power, prosperity and good luck. This year is supposed to be even more auspicious since it’s a Water Dragon year, something that occurs once every 60 years. We admit that we don’t yet use the Chinese Horoscope as a technical indicator, and who knows, perhaps we should. One thing is certain—the Year of the […]

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Todays Big Stock: Dow Chemical Company (The) Comm (DOW)

The Dow Chemical Company is a diversified manufacturer and supplier of products used primarily as raw materials in the manufacture of customer products and services worldwide. It operates in eight segments. Dow provides services to a range of industries, including appliance, automotive, agricultural, building and construction, chemical processing, electronics, furniture, house wares, oil and gas, packaging, paints, coatings and adhesives, personal care pharmaceutical processed foods pulp and paper textile. Its portfolio includes specialty chemical, advanced materials, agro-sciences and plastics businesses […]

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How One Family Has Successfully Planned Their Retirement

Is your financial plan for retirement set? Learn how this family has devised a plan that is well suited for the times here!

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3 Ways To Make The Most Of Your Resources

There will always be more things you may want or could use, but sometimes, especially in the startup phase of a business you have to get by with less. These great tips show you how to make the most of what you have and get your business off to the right start!

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The Stock Market and the Dollar Sustain the Bullish Environment for Precious Metals

This week marked the Year of the Dragon in the Chinese calendar, and according to Chinese mythology, Dragon years bring powerful changes and optimism representing imperial power, prosperity and good luck.

Read more »

Why Economic Growth Will Continue to Disappoint in 2012

The US economy has come back to output levels of ’07. But this feeble rebound not only holds the title of “weakest post-war recovery ever,” it also shows that something else is going on. Most economists have no idea what.

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