Tag Archives: AWF
This month, find out why the stock market is primed for a strong, sustainable growth cycle starting sometime in the fourth quarter of this year. I’ll
show you how to make the most of the lucrative—yet in many ways “different”—bull market I see unfolding. To help you get your ducks
in a row, I’ll name my top three industry groups, with my #1 stock pick in each for potential gains of 60%-80% and more by late 2008 or early 2009.
I’ve also included a long list of ill-fated stocks and mutual funds to cut loose as quickly as possible.
The bond market has been hot as a pistol lately. Since peaking in late June, the yield on the benchmark 10-year Treasury note has plummeted almost 70 basis points, to 4.55% at last night’s close. Meanwhile, the share price of our highly leveraged zero coupon bond fund, American Century Target Maturities 2025, has surged 13%.
A lot of folks seem to be blowing their cool in the debate over the reinsurance “scandal” at American International Group (NYSE: AIG). Not least the rating agencies. Fitch, the quickest jackrabbit out of the box, downgraded the giant insurer to AA+ (still the agency’s second-highest rank) after AIG’s board kicked CEO Hank Greenberg upstairs as “nonexecutive chairman” and forced CFO Howard I. Smith to go on “leave.”