Market share data for the automobile industry came out last week and the story it told showed continued contraction of that business. The road ahead is rocky as many foreign makers are expanding their production capacity. They have a built in advantage that gives them the edge over GM and Ford.More...
While some people are looking at Israel Prime Minister Ariel Sharon's past to indict his current actions in Israel's war, they should look to the results. Prime Minister Sharon is achieving results and deserves U.S. backing. What kind of results? Terror has started to decline. Weapons seizures are finding lots of weaponry banned under the Oslo accords. Most interesting is the documents seized in Arafat's headquarters in Ramallah.More...
A few months ago, Daniel Vaisrub was given a Dell Gsi 5200. It appeared to be dead and was going to be thrown away. With no expense other than my time, it has been transformed into a useful, functional machine.More...
The week ahead is boring, boring, and more boring still. The forces at work on the market are simple and easy to gauge. Earnings anxiety is high. Interest rate anxiety is falling, because the Federal Reserve generally waits for two quarters of strong growth before fiddling with rates. Where are we going? Probably nowhere fast.More...
Invoking the words and spirit of Thomas Paine, investor-turned-historian John Bogle concedes that his ideas for revamping the mutual fund industry are perhaps "not yet sufficiently fashionable to procure them general favor." But despite likening the "ills and injustices suffered by mutual fund investors" to those "our forebears suffered under English tyranny," Bogle--founder of the Vanguard Group--makes a strong case for index funds with this exhaustive study of investing.
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We are under contruction. Hope to be ready by May 1, 2000.