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Monthly Archives: October 2013

Strong corporate earnings lead to gains

I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful. – Warren Buffett   With the drama in Washington now in the rear view mirror, investors turned their attention last week to corporate earnings and economic data and apparently liked what they […]

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Government shutdown in rear view mirror

I don’t make jokes. I just watch the government and report the facts. – Will Rogers   All’s well that ends well and in the latest political brinkmanship between the Republicans and the Democrats, it was the Republicans who blinked first as the government reopened last week and the U.S. avoided default by raising the […]

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Stalemate in Washington

Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas. – Paul Samuelson   Although there was still no agreement by week’s end on either the budget or the debt ceiling, markets behaved like a deal had been reached as the S&P […]

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Government gridlock sends stocks lower

You get recessions, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets. – Peter Lynch   Normally, investors would be focused squarely on the third quarter earnings season, which begins this week with Alcoa’s report on Tuesday, to ascertain clues […]

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