The deep recession expected in 2009 will likely lead to higher rates of crime. Adam Lass says investors can play this trend by picking up shares of commercial jails. Florida-based Geo Group (NYSE:GEO) operates in several countries and is rapidly expanding its detention facilities. Adam says investors could be in line to double their money by the summer.
The economic calendar wastes no time getting off to a busy start in the first full week of 2009. The Construction Spending report for November this morning leads off the week, and carrying over from last year, it should show a continued slowdown. Until the housing market stabilizes, and the credit markets unfreeze, money simply won’t be spent on new construction. Since neither of those options looks likely to occur anytime soon, 2009 could be another long year for the construction industry.
We are in the early stages of a long and deep recession, says Adam Lass. But that doesn’t mean savvy investors can’t make a profit. Rising unemployment and underfunded local governments is a recipe for crime in urban areas. And that means big business for companies in the self-protection industry. Adam says TASER International (Nasdaq:TASR) stock could triple in the next 18-24 months.
If there’s a proverb that captures the outlook for the U.S. economy in the New Year, it’s the one that says: “It’s always darkest before the dawn.”
The most foreboding Christmas season in history…every day brings more cutbacks, more bankruptcies and more trouble… Borrowers have counted on home equity money to fill in the gaps in their household budgets, using borrowing in place of saving… Americans are really beginning to resent Wall Street…Consumer prices are sure to fail in the near future…and more!
Justice Litle says these two things are clear right now: 1) America’s infrastructure is crumbling, and 2) Washington is ready to spend trillions to rescue the economy. Put them together, and that means big business for construction firms. Justice picks eight of the best companies in the industry, which has a bright future under President Obama.
FedEx Announces Profit, Cost Cuts; Report: Wal-Mart to Sell iPhones; GM Denies Chrysler Merger Talks; Discovery Applying for Bank Status; Initial Jobless Claims Down; Goldman Sells Sanyo Stake to Panasonic; IMF Sees 2009 U.S. Rebound; Carnival Cruises to 4Q Profit
Dollar-Euro parity? Crude at $12 a barrel? 15% unemployment? J. Christoph Amberger presents the Today’s Financial News top predictions for 2009…
I got another small surprise Monday night, browsing the major indexes.
As you can see from the chart above, the S&P 500 has broken the accelerated downtrend it’s been in since September.
Now, it’s true that this chart is only current as of Monday’s close. I’m writing you these words early Tuesday morning before hopping on a plane.
Perhaps while I’m up in the air at 35,000 feet, Treasury Secretary Paulson will say or do something alarmingly idiotic and help stocks return to form.
But if not, just imagine! The very idea that stocks don’t always go down and down… who’d have thunk it?
Whisper it Quietly
Okay, that was a wee bit of sarcasm (in case you hadn’t noticed).
If I…
We may be in the middle of a pre-Christmas rally, but Andrew Gordon says next year’s economic outlook is dire. Job losses are soaring and consumer spending is drying up. And the great unwinding of the credit cycle is not done yet. Andrew says the Dow is due another swoon, perhaps all the way down to 6,000.
