Kaeppel's Corner: 2009, The Year of Investing Differently

I have had something of a common theme running through my articles of late. That theme is that the great bull market born in the 1980s is quite possibly finished and that an entire generation of investors who have become conditioned to believe that the stock market “always goes up” will either have to learn some ”new tricks” or remain a captive to the fluctuations of the stock market. In short, it''s ultimately a gut-wrenching Read the rest of this entry »

November 10, 2008 | , , , , ,
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US Midwest business slightly less weak in December

(Add details, analyst quotes, byline)
CHICAGO, Dec 30 (Reuters) - Business activity in the U.S.
Midwest continued to shrink in December but at a slightly less
severe rate as indexes for new orders and employment rose
slightly, a report showed on Tuesday.
The Institute for Supply Management-Chicago's business
barometer rose to 34.1 from 33.8 in November, its first
month-on-month increase since August. Economists had forecast
the index at 33.0.
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November 10, 2008 | , , , , ,
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Toronto Stock Exchange Suffers Daylong Trading Halt

Dec. 17 (Bloomberg) --
suffered a
daylong trading disruption after a computer failure prevented
quotes from being disseminated, causing the worst halt for a
major market since September.
Most trading on Canada’s biggest stock market didn’t begin
on schedule at 9:30 a.m. in Toronto, and buying and selling was
halted about 20 minutes later. An hour before the session
normally ends at 4 p.m., TMX Group Inc. said the bourse would
remain shut. Read the rest of this entry »

November 10, 2008 | , , , , , ,
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Institutions express interest in investing in Irish banks

Last Updated: Wednesday, November 26, 2008, 21:20
A number of unnamed institutions have approached the Irish Association of Investment Managers (IAIM) about investing in Irish banks, it was confirmed tonight.
The IAIM said in a statement these institutions “believe that the process of recapitalising the Irish banks offers an investment opportunity and returns which are attractive to them and their clients”.
Although it is not known Read the rest of this entry »

November 10, 2008 | , , , , ,
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Ohio homeowner who found money in walls bankrupt

CLEVELAND (AP) — A Cleveland woman who ended up in a feud over $182,000 in Depression-era currency found in the walls of her home has filed for bankruptcy.
Amanda Reece's Nov. 5 filing lists liabilities of $1.9 million and assets of $980,000.
A contractor found the stash during a remodeling project in April 2006. He asked for a share but he and Reece couldn't agree on how to split the cash.
She testified in a deposition that she had spent Read the rest of this entry »

November 10, 2008 | , , , , ,
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