Major media has painted Warren Buffett’s acquisition of Burlington Northern Santa Fe as a “bet on the future of America”. While Buffett’s purchase does indeed signal a bet on the future prospects of America – that doesn’t necessarily mean the future looks good.
Most books and financial advisers out there do a great job of pretending to predict future events after the fact. This isn’t the case for controversial market forecaster, Peter Schiff of Euro Pacific Capital. In his book, Crash Proof 2.0: How to Profit From the Economic Collapse, the real estate and stock market crashes were [...]
Helicopter Ben has been steadily hovering over the United States throwing hoards of dollars at the so called credit crisis. We have all heard about the need for added liquidity into our financial system. However, few people realize the repercussions of cheap money
The recent 6-month run in the stock market has baby boomers and the collective investing community jumping for joy. Double digit gains approaching 50% for some investors and retirees have eased the pain temporarily.
Under the disguise of “going green” the federal government has introduced a new plan to help out car manufacturers. In case you haven’t already heard, “cash for clunkers” has recently come to an end.
Poor personal loan portfolios in a weak economy equals a lot of trouble. Couple that with a presidential administration completely against your specific business model and things go from bad to worse.
After a strong first quarter earnings report in 2009 McDonald’s future looks promising. A weakening US Dollar coupled with overseas growth will make the company a winner going forward. A consistent dividend of 3.30% also rewards shareholders in it for the long haul.
