Bricks and mortar retailers have been suffering as a result of the recession and consumer uncertainty after the attacks of September 11. They have struggled this holiday season to eek out gains of 1% or 2% according to reports. Hope is not lost for the economy however because electronic commerce has scored enormous gains.More...
No, I have not abandoned the Democratic party over Tom Daschle's skillful slaying of the stimulus bill that nobody really needed. I'll decide on the Bush issue when I see where the country is and how its doing some time late in 2004. Bush's war leadership deserves high marks and if he keeps it up re-election will not be a problem. That didn't stop him from kicking off his re-election campaign this fall. The best part is he didn't have to raise any money and it didn't cost republican donors a cent.More...
A devastating security flaw in the recently released Windows XP product came to might in the technology business last week. It is very serious for actual users of the operating system as well as Microsoft's bottom line as people are fearful of the product. Already hurt by reports of much lower sales of Windows XP than during the Windows 98 launch, this is certainly not going to help.More...
What might happen in the stock markets next week. He upcoming week is at least one without political impact on the markets. The NASDAQ and the Dow swooned when the Bush-Daschle squabble resulted in no stimulus bill passing the congress. I think the Alternative Minimum Tax giveaway was a crime. I think Daschle's reason for killing the bill was equally silly. Both versions of the bill provided health insurance subsidies. The real sane thing was the congressmen who gave up because it was not needed.More...
Last weeks portfolio snapshot. More...
Our models still look strong. More.
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