Baltimore (TFN):
What is wealth? It is a question all of us need to ask ourselves every so often. If not, we lose track of where we are heading and where we’ve been.
As you’re reading this, I am nowhere near my computer. In fact, I’m not even in the office today. I spent the last three days increasing my “wealth.”
There’s no question that the past year-and-a-half has been disastrous for investors. Since last March, the S&P 500 has lost nearly a quarter of its values, and many are still too scared to put their money back in the market in the market. But according to some of the best investors in the world, now is exactly when you should turn your eye to stocks…
Last week was a very important one. The U.S. Treasury placed a record level of debt, the Federal Reserve announced it would not expand its monetary easing, and we got many top players opining about the economy. In addition, we are facing the uncertainties about ‘Cap and Trade’ legislation and the healthcare reform.
Chris Mayer with the Penny Sleuth says that railroad executives have been pretty confident in their ability to continue to raise prices on their customers in the middle of a recession – making these two buffet-backed railroad stocks attractive buys.
MasterCard Posts 4Q Profit; Buffet’s Berkshire Investing in Swiss Re; Rogers Staying Out of Russia; Ford in Volvo Talks with Geely Auto; Louis Vuitton Misses on Earnings; Brown Refuses to Ban Bonuses; Mortgage Rates Jump; Retail Trade Group Wants Tax Holidays
Warren Buffet has shown the prowess of his trading strategy once again. Not only did he walk away with over $1.5 billion in his pocket earlier this week, but now his prized investment in Coca-Cola (NYSE:CCE) is jumping in value.
Addison Wiggin and Kate Incontrera look at the implications of America’s large and persistent trade deficit. The country is dependent on foreign products for its energy, food and leisure needs. Simply put: America is consuming more than it produces. And as this imbalance continues to grow, the long-term risks to the economy become more severe.
After two weeks of nail-biting speculation, InBev NV pulled the trigger on its takeover offer to Anheuser-Busch Companies Inc. (BUD), putting up a $46.3 billion, or $65 per share, cash bid for the U.S. market leader.
Thanks to panicky speculators there is a last chance to buy CHINA… at a huge discount!
Everyone, but everyone, knows that stock markets globally are driven by two primal emotions, viz excessive greed (which brings about the end of a bull market) and fear (which signals the demise of the bear).