The markets have been sinking steadily, fed on a diet of weak economic data — GDP growth in the second quarter came in at an anemic 1.3% — and debt ceiling deadlock (which, finally, appears to have been broken). Yet, in the …
stocks
Two Promising Telecoms with 5%-Plus Yields
The spectacular success of Apple’s iPhone is spilling over to the telecoms that provide wireless service – particularly the two giants in the business, AT&T and Verizon. This gives rise to an excellent opportunity for long-term investors, since both stocks provide generous yields of 5.2% or more.
What the Latest Apple Earnings Report Means
I’ve recently had to upgrade my five-year-old computer equipment, so I’ve been hanging out a lot at the local Apple store. And I’ve been struck once again by just how well designed Apple’s products are. Admittedly, the iPad seems like a solution in search of a problem – I’m still not quite sure what to do with the one I …
Getting Ready for a Black Swan
The biggest stock market surprise could be an unexpected economic rebound.
Running Away from Treasuries
If, as some are saying, the long-term safety of U.S. Treasury bonds can no longer be counted on, the rules of investing will need to be rewritten.
Tech Stocks: Should You Buy the Bubble?
How to find under-appreciated bargains in the midst of the latest hype over high-tech companies.
Stock Plunge, Day Two: How the Dow is Dealing with Japan
It’s more than just what on the floor (Photo: Mike Segar/REUTERS)
For the second day in the row, the US stock market plunged, and then bounced back. Hurt, yes, but shares were not beaten, even as investors had to worry about the double whammy of concerns of nuclear contamination in Japan and a housing report that showed new home …
Stocks in Big Selloff As Investor Worries Mount
As you give a prayer of thanks on this forthcoming American holiday, you ought not forget that nice stock market rally that has taken place this autumn. Only problem is, the gains might be gone before your turkey leftovers run out.
Why Blockbuster Couldn’t Avoid Bankruptcy
Blockbuster Was Relying on a Drink Island to Revive Stores
Back in April, months or years after lots of other people, I got the idea that there was no way video chain Blockbuster could avoid bankruptcy. So I went to talk to a few people about how the company got into its sorry situation and what it planned to do to get out. One of the …
Is the GM IPO a Buy?
It seemed like more Detroit delusions when General Motors CEO Ed Whitacre predicted in March that the government would eventually make money on its bailout of the beleaguered auto maker. But just three months later, General Motors increasingly looks like it is ready to exit the chop shop. Things have actually been turning around for the …
Is BP headed for Bankruptcy?
How low will BP stock go? Today’s guess: All the way to zero. Already, the oil spill in the gulf has caused BP shares to drop to $30 from $60. That’s a loss in total market value of $90 billion. Earlier on this blog, I sided with the camp that thought BP might be a buy, because its stock had fallen so far and another oil company might be …
Will the Stock Market Plunge Continue?
I usually ignore stories trying to predict stock market drops. Who really knows? Not me. But with stocks down more than 250 points today, Fortune’s article earlier this week by veteran writer Shawn Tully is looking very prescient:
Here’s how I see the odds. The chances are about one in three that we suffer a huge, wrenching correction in
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