| Gazing into the Crystal Ball for Investing in 2008
I expect the main US and European markets to be volatile and work lower in the first half of 2008. If there is a recovery in the second half, I would expect it to be sub-par as the excesses will take a long time to work off. In addition, the markets will be trying to assess how the new US president, who will be elected in November, intends to address the massive problems he or, most likely, she will inherit. If markets are anticipating significant tax increases in 2009 and beyond, there may be a rush to sell in 2008 to avoid increases in capital gains taxes. Emerging markets will be the better recovery story even though they are no longer cheap the way they were before 2004. One thing to look for is where Chinese money will flow as investment outflows begin to increase. Ernest: Equity markets will continue to be volatile across the board, and a major factor in this will be the economic data and how it is interpreted.
Upstate investment firm starts dissolving
An Upstate investment firm is being dissolved and can't guarantee about 650 noteholders who are owed about $39.8 million that they will get all of their money back. However, the limited liability company is solvent and doesn't plan to file for bankruptcy protection, its manager said Friday. Arthur Field, a Greenville symphony supporter who built and financed his own pops orchestra, expressed optimism that his firm, Capital Investment Funding LLC, will repay the noteholders and return an additional 5 percent to each one. He said, however, the company's plans could go awry if the economy worsens and there is a further weakening of the real estate market. Since its inception, CIF has made more than $105 million in loans to commercial borrowers. .
Obama will move the country forward
With the storm clouds of an economic slowdown looming, the wars in Iraq and Afghanistan raging, an aging Supreme Court and America's reputation abroad battered due to the actions of the current administration, America needs a president who thoughtfully applies wisdom, counsel, logic and temperance to the weighty issues he will surely face. I believe Barack Obama is the only candidate in this race who has these qualities and will move our country forward.Connie Welsh lives in Rancho Vista Estates.
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Bush Speech to Have Few New Ideas
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Bush calls for $145 billion in tax relief
Spend more money we don't have to encourage folks to go shopping more. Now, I'm no economist, but there seems to be something missing from this picture. Seems to me that if you want to dump a lot of money into the economy, a good way would be to put people to work rebuilding our infrastructure. It would put AMERICAN citizens to work on good paying jobs rebuilding OUR infrastructure. WE would be getting something for the dollars spent, jobs, stimulis to AMERICAN business, and a well built strong country - rather than a give away to the corporations... again. Oh, and did I mention that the companies doing the work would have to be AMERICAN OWNED, and on AMERICAN SOIL and hire AMERICAN CITIZENS? What a novel concept! If you tell the truth you don't have to remember anything. Mark Twain .
N. Ireland: return of the killer jellyfish
It will take us two years, if we can recover, to get stocks built up again. We only have two other nursery stocks of growers and smolts.' The respected firm supplies salmon worldwide and their salmon was served to Queen Elizabeth II on her 80th birthday last year. The seven-hour attack last week over Tuesday and Wednesday saw the jellyfish covering a sea area of up to 26 square kilometres and 11 metres deep. More often found in warmer climes further south, the mauve stingers' unusual presence off the Northern Irish coast has been blamed on the wind and tides. -- AFP .
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