For once, both optimists and pessimists are agreed that 2009 would probably be one of the most challenging times in living history for most people. In the face of the confusion and questions, financial experts have been proffering solutions. In this piece, the Managing Director of Camry Securities Limited, a leading capital market operator, Mr. […]
Housing Stocks- Market Reversal? Banks Not Feeling Stress…Yet
Dear Investor, The saga continues for the homebuilders. Last week, we saw the first steps toward consolidation in this sector when Pulte Homes (NYSE:PHM) bought out Centex (NYSE:CTX). This came on the heels of some slight improvements in existing home sales. Even yesterday, a builder sentiment survey showed an improvement among builders. That got investors […]
U.S. Border War: Border States Suffering
I recently sent the below to the Arizona legislature due to their continued inaction to institute the measures per the U.S. Constitution in order to sue the federal government to get the sums to get the border fencing done now due to the escalating loss of American lives due to our southern open borders, while DHS Secretary […]
US details Toxic asset programme
The US has given details of a $500bn (£343bn) plan to encourage private investors to buy up toxic assets. The plan will offer subsidies in the form of low-interest loans to private investors to encourage them to buy troubled mortgages and other loans. Writing in the Wall Street Journal, US Treasury Secretary Timothy Geithner said […]
Reasons We Aren’t Rich
If we’ve contemplated the question, and most of us have, we’ve probably decided it’s because we don’t earn enough money. Unfortunately, there’s a problem with this mindset. If before our last raise we were in the same financial mess, we might want to consider that it’s not how much we make, it’s how much we […]
American Apparel expects higher sales in 2009
American Apparel Inc. said Tuesday that it expects full-year sales to come in above its prior-year results amid new store openings. The teen retailer, which received an $80 million investment last week, anticipates 2009 revenue in a range of $575 million to $600 million. It reported 2008 sales of $545.1 million. American Apparel said it […]
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