All entries by Mike Caggeso
Retail Sales and Inflation Slip in March
Apr 14th, 2009 | By Mike Caggeso | Category: Financial NewsRetail sales and inflation took a step backward in March, as dour consumer demand hurt the former and suppressed energy prices stalled the latter.
Financial Crisis Investing: How to Profit Even if the Current Bull Market Rally is Really a Bear Market Fake
Mar 30th, 2009 | By Mike Caggeso | Category: Stock Market Investing, Top StoryHundreds of economic and stock-market indicators exist, but many won’t be relevant – even if you could decipher them. Here are a few stock market indicators that are both reliable and readable to everyday investors.
Blockbuster Teams with TiVo Go Global to Escape Extinction
Mar 25th, 2009 | By Mike Caggeso | Category: Financial News, Stock Market InvestingFacing near extinction at the hands of Netflix, Inc. (NFLX) and increasingly popular pay-per-view movies, Blockbuster Inc. (BBI) announced that it would team with on-demand television powerhouse Tivo Inc. (TIVO) to sell and rent movies via digital video recorders (DVRs).
Suncor Buying Petro-Canada for $15 Billion, Consolidating Canadian Energy Industry
Mar 24th, 2009 | By Mike Caggeso | Category: Financial News, Oil Investment & Alternative EnergySuncor Energy Inc. (SU) said it will buy rival Petro-Canada (PCZ) for $14.9 billion (C$18.43 billion) in a deal that will create Canadia’s largest energy company, with a refining capacity of 433,000 barrels per day.
As Financial Scams Go Global, Here’s How to Avoid Being Stung
Mar 19th, 2009 | By Mike Caggeso | Category: FeaturedBernie Madoff’s guilty plea to a decades-long $50 billion-plus Ponzi scheme pretty much guarantees the 70-year-old will have his likeness immortalized on the Mt. Rushmore of scammers.
Inflation Gently Rises in February, Offering Analysts a Sign the Economy Isn’t Collapsing
Mar 19th, 2009 | By Mike Caggeso | Category: Financial NewsThe consumer price index (CPI) moved 0.4% in February, a little higher than expected and a sign that consumers are dipping their feet back into the water – slowly.
Housing Starts Rebound, Producer Prices Slide in February
Mar 17th, 2009 | By Mike Caggeso | Category: Financial News, Real Estate Investments, US Dollar & Forex TradingA pair of crucial economic indices seesawed in February, helping some analysts to see the light at the end of the tunnel.
Two Ways to Protect Yourself When the Inflation Alarms Return
Mar 13th, 2009 | By Mike Caggeso | Category: Top StoryLike a vanquished enemy, inflation has been out of sight and out of mind. But old enemies can resurrect themselves. And that’s just what’s going to happen with inflation, two fixed-income experts say.
World Bank: Emerging Markets Will Take Brunt of First Global Economy Decline Since WWII
Mar 9th, 2009 | By Mike Caggeso | Category: Emerging Markets, Financial NewsThe World Bank estimates that the global economy will likely shrink for the first time since World War II – at least five percentage points below potential – and emerging markets will suffer the hardest hits with severe long-term implications.