“must read” article:
Utilities: An Opportunity Too Great To Ignore
by Alan Brochstein March 05, 2010.
Utilities are a corner of the market that I normally avoid, but I believe that the opportunities are too great to ignore. I am no expert in the area, but I have been spending some time learning about some of the big-picture drivers as well as the details about a few of the names… Read more here.
On a Jobs/Jobless Friday, More Stimulus in U.S., Japan and Europe
by Philip Davis March 05, 2010
The money train left the station just ahead of the US market close yesterday when the House passed a $15Bn Jobs Bill, although it remains to be seen if Jim Bunning will pass it. China doesn’t need Bunning’s permission to hand out free money and they will be “allocating 63.2 Billion Yuan” to fight high housing prices by SUBSIDIZING low-cost housing. Come to think of it – I object to that! Someone in China needs a lesson in some basic economics… Read more here…