by Neil George

"Portfolio Investment Flows"With yet another round of stock market turbulence here at home, you may not have noticed that Brazil and China are seeing some big drops in foreign investment. But when it comes to your retirement, this bit of news is like the fainting canary in a coal mine – it isn’t good for anybody, including the canary.

The story in the Financial Times the other day grabbed my attention with its announcement that foreign portfolio flows into some of the major transitioning economies are down very sharply over the past year.

It cited the data and survey released by an interesting group out of [click to continue…]

by Neil George

131,000 folks losing their jobs is not good news. And, with 221,000 layoffs in the prior month, the number looks downright depressing.

Economists will plug in those numbers and come up with lower estimates for US GDP, retail consumption and other bits and pieces of economic data that might well drive the markets lower.

Meanwhile – on Main Street – thousands more households are now scrambling [click to continue…]

By George

Another Banking Implosion Ahead?

August 1, 2010

by Neil George
Some folks think that our remaining banks are now all fixed – that they’ll never implode as more than a few did over the past several years.
Those same folks also believe they have Capitol Hill to thank – not just for stopping all of those evil bankers – but for laying down the [...]

By George

The REAL Investing Story Behind the Big Oil Spills

July 30, 2010

by Neil George
With crude dispersing from view around the Gulf of Mexico – many are now thinking that the worst is over for oil spills.
Unfortunately – it’s far from the truth.
This week we’ve had two major oil spills resulting in massive damage, despite the current administration’s pledge to protect the environment and local economies from [...]

By George

Don’t Let Your Retirement Get Burned by the New Lithium ETF

July 25, 2010

by Neil George
One of the splashy new issues hitting the market is the first ETF (exchange traded fund) supposedly giving investors access to the market for lithium. Called the Global X Lithium ETF, it began trading on July 23rd under the NYSE symbol of LIT.
This is yet another in a recurring series of schemes [...]

By George

Protect Your Retirement from Budget Cuts

July 25, 2010

by Neil George
The current Administration is actually discussing cutting a bit of the trillions upon trillions of taxpayer dollars that make up the deficit-laden Federal Budget.
While this is great news coming from an Administration that’s created a current deficit of over 1.3 trillion dollars – resulting in a bump up in the overall debt [...]