All of the recent economic data is pointing to Recession 2013. Time to get your portfolio ready with these five dividend payers.
With first-quarter GDP growth under 2% and a whole host of indicators moving in the wrong direction, it looks as though the U.S. economy has stalled.
Author: AdmaD
AdmaD is a seasoned professional in Forex trading with a background in financial services and investments. Previously associated with Dukascopy Bank SA Switzerland, studied forex trading, insurance, real estate, and mortgage banking and extends to alternative investment strategies, particularly in Gold and Silver Investments, IRA Rollover services, and Commodity Online Trading.
Fed’s latest action doesn’t impress investors
It’s going to take more than low interest rates to fire up investors.
The Federal Reserve’s latest plan to help the economy failed to impress Wall Street on Wednesday. Stocks finished slightly lower for the day, and not much better than they were before the Fed announcement.
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Was the Spanish bank bailout botched?
The big economies of Spain, Italy and even France are now looking increasingly shaky.
Spain’s problems are probably the most acute; the cost of borrowing is around seven per cent for Madrid at the moment and that is a psychologically important level as it is the level at which Greece, Ireland and Portugal needed international financial assistance.
US STOCKS-Spain bailout rally brief as Wall St slides
NEW YORK, June 11 (Reuters) – U.S. stocks fell on Monday as
Europe’s aid package for Spanish banks did little to alleviate
investor concerns about the euro zone’s finances and a slowdown
in the wider global economy