Word: kadlec
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...Daniel Kadlec is TIME's Wall Street columnist. Reach him at kadlec@time.com
...saying goes, it's always time to buy until it isn't. "If Asia stays minor -- which personally, I doubt -- and interest rates stay down, there's no reason this shouldn't continue," Kadlec says. "We could have 10,000 by May -- this thing is out of control...
...TIME Wall Street columnist Daniel Kadlec has been worried about an overvalued market for, well, as long as it's been overvalued. But these days, he concedes, the numbers don't matter anymore. "You can't fight a bull market like this," he says, because it comes out of "a perfect economic situation" -- earnings have been OK, interest rates are still low, and Asia's problems have been "shoved to the background," he says. "You have to respect what's going on." Investors get the same advice as ever: Jumping into stocks whole hog is still a dangerous proposition, even...
TIME's Daniel Kadlec can be reached at kadlec@time.com
...Intel is at a crossroads right now,? says TIME Business correspondent Daniel Kadlec. ?Their stock is down; their margins are down and competition from cheaper chip manufacturers is up. It?s not a bad time to turn over the reins, because the company is having to adapt itself to new business environment...