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Tag Archives: recession

May 2008 Issue & Supplement

These are uneasy times for investors. So why not make it just a little easier on yourself? We’re in the midst of a steep downturn for housing, and a credit crunch to boot. The economy is soft; oil prices, sky high. And on top of it all, an election looms, with the prospect of higher taxes by 2010, if not sooner.

Yet with all these (legitimate) things to worry about, it’s still possible to chart a safe — and reasonably calm — financial course through today’s troubled waters. In this month’s visit, I’ll show you how.

May 2008 Issue & Supplement

These are uneasy times for investors. So why not make it just a little easier on yourself? We’re in the midst of a steep downturn for housing, and a credit crunch to boot. The economy is soft; oil prices, sky high. And on top of it all, an election looms, with the prospect of higher taxes by 2010, if not sooner.

Yet with all these (legitimate) things to worry about, it’s still possible to chart a safe — and reasonably calm — financial course through today’s troubled waters. In this month’s visit, I’ll show you how.

Difference of Opinion

An interesting question came in from a reader the other day. This gentleman points out that Liz Ann Sonders, chief investment strategist at Schwab, is predicting a recession and urging investors to adopt a defensive stance. How, he asks, do I explain the fact that Liz Ann and I are “180 degrees apart” in our thinking?

The Squeeze Is On

And what a fitting time for it to begin! This afternoon, I received an urgent message from a leading institutional analyst, proclaiming, “The Next Recession Has Started.” Apparently, the stock market wasn’t paying attention. After the Treasury issued a scolding word to China in mid-afternoon about currency manipulation, share prices shot higher to challenge the upper end of last week’s range.