Like 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.
Wall Street trader David Feldman lived through the Great Depression. In 1997, at the age of 87, he set down his thoughts in a little memoir entitled, “The Ups and Downs of a Wall Street Trader During the Depth of the Great Depression of the 1930s.”
Stock prices are falling even faster than Alan Greenspan’s reputation or Warren’s Buffet’s mystique. Come to think of it, they are all falling at about the same pace. Hmmm…it’s as if they’re all one and the same.
Berkshire’s Armor Cracks; JPMorgan Bags $5 Billion Selling Deriviates; Recordati Proposes Increased Divided; China May Double Stimulus This Week; Homes Sales Continue to Break Down
Jason Simpkins of Money Morning gives us a look of what stocks Warren Buffett is buying into this year. He says that “Buffett didn’t fare much better than anybody else in 2008. But the Oracle of Omaha remains optimistic, convinced that investors who brave today’s fierce financial tempest will be rewarded in the long run.”
Based off the last news reports, without Steve Jobs, the multi-billion-dollar enterprise that is Apple (NYSE: AAPL) would simply cease to exist. Every new report of his health is followed in the market, and Apple’s stock price takes corresponding hikes and plunges.
EDF Scooping Constellation; Research in Motion Posts Tough 3Q; Legg Mason’s Miller Calls Market Bottom; Cyber Monday Sales Strong; Crude Stocks Drop; New Zealand Fights Recession
Warren Buffett is shopping for railroad stocks again. The ‘Oracle of Omaha’ increased his stake in Burlington Northern (NYSE:BNI) to almost 20% last month. Fuel efficiency and road congestion are two key factors supporting a bullish outlook for the railroad industry, says Jason Simpkins.
Warren Buffett says buy. Jeremy Grantham says it will get worse. Both are celebrated value investors. Who is right? It all depends upon your view of the third derivative of investing. Today we look at valuations in the stock market. This is the second part of a speech I have given in the past few weeks in California and Stockholm. I am updating the numbers, as the target keeps moving.
Greg Guenthner says penny stock investors should follow Warren Buffett’s advice. It’s time to be greedy. Greg says there are plenty of undervalued companies that will surge when the economy recovers. He recommends Neenah Paper (NYSE:NP), Buckeye Technologies (NYSE:BKI), Silicom (NASDAQ:SILC).
