by | Feb 14, 2011 | Towing
There’s a frenzy of stock buying going on now, because no one wants to be left out of the stock market recovery. But all those who are betting on short-term gains are engaged in what I call “wrong ball investing.” Here’s how to…
by | Feb 13, 2011 | Towing
For those who can’t get bank loans, the new business of peer-to-peer lending can be a lifesaver. Internet companies connect people who need cash with folks willing to lend — for a fair profit, of course. Here’s how it works, r…
by | Feb 11, 2011 | Towing
Companies that have piled up cash over the past few years are finding one good use for it: Repurchasing their own shares. January alone saw $57 billion in buybacks, compared with $357 billion for all of 2010. While buybacks don…
by | Feb 11, 2011 | Towing
The climbing yield on the 10-year Treasury note — now 3.70%, a nine-month high — can mean bad things for economic growth and stock prices. But not yet, if market guru Jeffrey Kleintop is right. He says the 10-year Treasury ne…
by | Feb 10, 2011 | Towing
The fabled New York Stock Exchange isn’t what it used to be. Today’s NYSE Euronext has lost a huge volume of trading to upstart computerized exchanges in recent years, and scandals have tarnished its luster. Now, Germany’s Deut…