Category Archives: Uncategorized

To nobody’s surprise, the $700 billion bailout is on paper and ready to save the nation. To celebrate, global stock markets…sold off hard. Overnight: -1.3% Japan -4.3% Korea -2.8% Germany (9:15 a.m. Eastern) -2.9% London (9:15 a.m. Eastern) Why? This excerpt from yesterday’s Kelly Letter points out a little something called the economy that got […]

Dave Van Knapp of SensibleStocks.com is a frequent contributor to this site. He publishes a newsletter and two fine books on stocks, Sensible Stock Investing and an annual Top 40 Dividend Stocks compendium. As an aside, high quality dividend stocks are holding up better than almost any other category in this year’s tumult. You read […]

The following was sent to Kelly Letter subscribers last Sunday: The Indebted States of America Do not lose sight of the fact that poor debt management is the root cause of all this trouble. I spend almost all of my time writing about investing, and the bestselling of my books are about investing, but the […]

Think recent market news is breaking ground? Don’t be too sure. Check out this 1988 Dukakis campaign ad in reference to the last time government handed over billions of taxpayer dollars to the financial industry: http://www.livingroomcandidate.org/flash/player.swf?id=4387 Back then, the national debt was $2.6 trillion and people were worried. Now, American consumer debt alone is $2.6 […]

Wondering why you feel seasick? Look at what the S&P; 500 has done this month: — Sept. 2 — Sept. 3 -3% Sept. 4 — Sept. 5 +2% Sept. 8 -3% Sept. 9 +1% Sept. 10 +1% Sept. 11 — Sept. 12 -5% Sept. 15 +2% Sept. 16 -5% Sept. 17 +4% Sept. 18 +4% […]