Glass half full or half empty stocks wisdom
Financial Focus argues long term stock investment gains outweigh inflation, citing Abbotson Associates data that over 30 years 1960-1989 the S&P 500 averaged 5.9 percent per year price growth and 10.3 percent including reinvested dividends. Short term risk is high, but five year periods averaged about 10 percent.
MENTIONED IN THIS ARTICLE
Standard & Poor
Bush ends goodwill tour in Venezuela amid hostages talks
President Bush concluded a South American tour in Caracas after seeking to reassure markets over the oil crunch. Iraq’s parliament approved releasing thousands of foreign hostages, including Americans, as White House aides discuss evacuation plans. Venezuela raised crude output to 2.4 million barrels daily and aims for higher production, aiding energy dependent economies.
MENTIONED IN THIS ARTICLE
Caracas
Venezuela
Bush
White House
Iraq
Saddam Hussein
Marlin Fitzwater
Roman Popadiuk
United States
Kuwait
Santiago
Chile
Army
National Guard
Merida
Maracaibo
Carlos Andres Perez
Perez
Saudi Arabia
OPEC
Dr Lester Sumrall to Speak in Local Area
Lester Sumrall, renowned missionary evangelist and LeSEA Alive host, will visit the area to preach and teach. Since 1934 he has planted churches worldwide and now offers prayers for deliverance from fears and illness during his speaking engagement.
MENTIONED IN THIS ARTICLE
Lester Sumrall
Lesea Alive
Weekend Market Report highlights commodity and stock shifts
Commodities futures fell on many fronts with platinum and gold sliding while copper soybeans and grains mostly declined. Energy and livestock futures showed mixed moves as traders weighed weak employment data and a softer prospect for corporate profits. Dow fell 12.38 to 2590.10 as bond yields dropped to about 8.18 percent, marking week gains of 30.45 points. American Express lagged among blue chips.
MENTIONED IN THIS ARTICLE
New York
Commodity Exchange
Chicago Board of
NY Stock Exchange
Dow Jones
U.S
American Express
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