Word: dowe
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...will be looking for less risky investments. Dividend-paying stocks are just the thing. They tend to hold up better in weak markets because they guarantee income and yet preserve the likelihood of capital gains in a recovery. High yields may also signal value. The popular Dogs of the Dow strategy calls for buying the five highest yielding Dow stocks each year--usually the five whose prices have been beaten down the most. Results weren't great in the booming '90s but should improve in leaner times...
...there were three outgrowths of the end of the Cold War. One was the economic boom fueled by our high-technology industries. This, along with the opening up of vast parts of the world that had been closed, including Eastern Europe, led to this huge, unparalleled jump in the Dow, 6,000 points in six years...
...maker quickly crumbled, shedding its gains dolefully into Friday afternoon. Taken together with job cuts soaring to ten-year highs last month (and that's just the barest taste of the post-disaster economy - the hold at 4.9 percent unemployment for September is the ultimate in lagging indicators) the Dow had no trouble justifying some more erosion...
...Then, everybody rallied Friday afternoon on Bush talking about the stimulus package. Which was nice, because it had really been a pretty good week. The Dow had gotten to nearly 9200 since Monday's sub-8800 lows, and was up 14 percent since the low, low bottom set at the end of that awful first week of post-attack trading. Not bad, considering the war hadn't yet started and the economic news was unimproved. The NASDAQ had begun to consider the possibility that blue-chip techs had an excellent chance of bouncing back before too long, and despite...
Before the U.S. military has fired its first $1 million missile at Osama bin Laden, the high price of America's new war is already starting to add up. Last week was the worst since the Great Depression for the Dow Jones industrial average, which lost almost 1,400 points, or 14%, in five frantic trading days, erasing nearly $1.4 trillion in investor wealth--at least 10 times the property damage caused by the terror attacks against the World Trade Center and the Pentagon. The nation's airlines announced that they are sending more than 80,000 workers to join...