Interesting articles on technology, investing, and the economy compiled from our daily search of online papers worldwide. We find that some of these articles contain information that assists us in evaluating the investment outlook.
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INVESTMENT STRATEGY AND DEVELOPMENTS
Warren Buffett: 'I think stocks will be a great way to make 6 or 7 percent a year in the next 10 years. But anyone who expects 15 percent a year is living in a dream world.'
chicagotribune.com
Bankruptcies for Northern California residents and businesses are at their highest in two years because of the eroding economy, layoffs and fears of pending changes in bankruptcy law, and it's likely to get worse before it gets better, experts said.
www0.mercurycenter.com
This year, more than 10,000 of Warren Buffett's shareholders gathered over the weekend to celebrate his vindication, and the vindication of the so-called value investing style he personifies. While the Nasdaq composite index is down about 59 percent from its peak reached in March 2000, Berkshire Hathaway has risen 12.8 percent since its shareholders met a year ago.
iht.com
If you look at the markets over time, since 1926 there have been twelve declines of 30 percent or more on the major markets. After each major decline the markets have ultimately come back stronger than ever.
canoe.ca
With the Dow Jones industrials up nearly 10 percent during April, many individual investors are trying to decide whether to jump into the rally. But buying stocks can be dicey in an uncertain economy and fragile earnings environment.
detnews.com
A new report by Gartner Dataquest shows that the U.S. personal computer market has declined for the first time since the research firm started keeping track of the PC industry seven years ago.
washingtonpost.com
The price of gasoline in the United States has soared 15 percent in the past month, and, in a seeming replay of last year's price surge, many economists and industry analysts say it is likely to remain high through much of the summer.
iht.com
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ECONOMICS
Americans bought so many cars, refrigerators and other goods that the U.S. economy grew faster than expected in the first three months of the year, when some experts thought the nation's 10- year expansion was coming to an end.
washingtonpost.com
The U.S. economy has been growing so slowly for the past 10 months that an ever increasing number of workers are losing their jobs and filing claims for unemployment benefits.
washingtonpost.com
A gloomy report by the International Monetary Fund predicted yesterday that the economic malaise that has swept the U.S. will spread throughout the world this year, and conditions could get even worse unless the U.S. economy sparks back to life.
nypostonline.com |
