Paul Dykewicz
Investors Have Reason for Caution but Not Panic
The economic numbers reported around the world during the last few weeks have given investors reason for caution but not for panic.
Investors Should Delve beyond Dip in U.S. Unemployment Rate to Find True Picture
Today’s headline that the U.S. unemployment rate in November fell to 7.7%, its lowest level since 2008, may seem positive until you delve into the data reported by the U.S. Bureau of Labor Statistics and realize the number of unemployed stayed around 12 million, while the ranks of the long-term unemployed out of work involuntarily for at least 27 weeks was little changed at 4.8 million.
U.S. Markets Closed Today and Tuesday
The NYSE Euronext (NYX) announced that it closed U.S. markets today and tomorrow due to Hurricane Sandy, which is expected to cause flooding and damaging winds in New York City. The exchange released a statement indicating that it supports the consensus of the markets and the regulatory community that the dangerous conditions developing due to […]
PepsiCo. Flexes Political Muscle to Obtain Federal Aid to Enter Yogurt Business
PepsiCo. Inc. (NYSE: PEP), the world’s largest snack food company, flexed formidable political muscle when it arranged to receive $1.3 million in federal help to build a premium yogurt plant in upstate New York to compete with Chobani, Dannon and other yogurt manufacturers.
Today’s 25th Anniversary of Market Crash is a Reminder to Diversify and to Reallocate Assets
Today’s 25th anniversary of the stock market crash of October 19, 1987, should serve as a reminder about the importance of diversification and asset reallocation.
Romney Focuses on Policies to Create Jobs, Spur Growth
The second presidential debate that took place last night showed a feistier President Obama than in the first debate, with challenger Mitt Romney focusing his remarks squarely on policies aimed at growing jobs and the economy. Certain pundits have given the president good marks for holding out the promise for better days ahead and attacking his opponent as untrustworthy and out of touch with most Americans, but Gov. Romney might have made the best pitch at swaying undecided voters who ultimately may cast their ballots to aid their pocketbooks and job creation.