Paul Dykewicz
Tech Stocks Push the Dow and S&P 500 Down Slightly
Weakness with giant technology company Apple Inc. (AAPL) today helped to pull the Dow Jones Industrial Average down this afternoon from a morning rise to finish trading at 13203.58. That dip kept the Dow from hitting its highest closing in the past five years. Earlier today, investors were speculating that the Dow Jones might close […]
Debt Concerns in Europe Cause Dip in the Markets
Concern about the mounting European debt crisis spurred selling this morning and caused the U.S. stock market to finish down slightly for the day. The Dow Jones Industrials, the S&P 500 and NASDAQ all regained some ground later today, as Apple Inc. (AAPL) jumped more than 2% to become the world’s most valuable stock ever. […]
German Government Debt is Europe’s Surprising Safe-Haven Investment
This week has provided investors with several important developments in Germany that are worth pointing out to show the seriousness of weak economic conditions in Europe. Germany, with the strongest economy in Europe, issued new bonds Monday, Aug. 13, that are proving to be the ultimate safe-haven investment as buyers accept negative interest rates. The […]
Coburn: ObamaCare will “Sovietize” U.S. health care system
[youtube_sc url=”http://www.youtube.com/watch?v=IQdIDRFW2OI”] In a recent interview with Face the Nation, Senator Tom Coburn was asked about his comments to Eagle Daily Investor.
China Averts Debt Mess
The “autocratic” leaders of China deserve credit for steering clear of the kinds of massive debt loads that have befuddled their peers in many western countries, said Keith Fitz-Gerald, a futurist and global investing expert. Even though the latest reports from China show that its economic growth rate is slowing, the country still is expected […]
Europe’s Fiscal Struggles Move Central Bank Closer to Action
Investors should look beyond the Aug. 2 decision of the European Central Bank’s Governing Council to delay taking action to aid the struggling region and instead anticipate measures to help euro-area governments sell new bonds — thereby aiding euro-area stocks. For stock investors, the valuations of European equities generally are attractive right now, said David […]