Recession 2013

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.

Is Wal-Mart Destroying America?

When we buy stuff made by people working for slave labor wages in China, we destroy good paying American jobs and we make America poorer. This is a point that I have tried to make over and over.
Wal-Mart often tells one thing to the public and then does another thing in private.

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.

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.

Spain could ask for bank bailout this weekend

Spain could ask for a rescue of its struggling banks this weekend when European finance ministers hold an emergency conference call Saturday to discuss the country’s financial problems, a move that would make it the fourth member of the 17-nation eurozone to seek outside help since the continent’s financial crisis erupted two years ago.