Monday, September 10, 2007

9/10/07

Economics

fiscal profligacy (Government spending as a percent of GDP is too high and the looming explosion in entitlement expenditures will make it worse. There is no good solution save spending discipline.). More on earmarks:

http://thehill.com/leading-the-news/chambers-set-to-do-battle-on-earmarks-2007-09-07.html

Another view that the Fed needs to act and soon (must read):

http://author.nationalreview.com/latest/?q=MjE0OA==

Some statistics on those US citizens without medical insurance:

http://www.poorandstupid.com/2007_09_02_chronArchive.asp#3705934459919115485

Politics

Domestic

International War Against Radical Islam

The Market

Technical

Fundamental

News on Stocks in Our Portfolios

A positive write up on Abbott Labs (Dividend Growth Portfolio):

http://www.zacks.com/newsroom/commentary/index_pdf.php?id=5866

(click on the pdf link below the headline)

A positive outlook for coal stocks (Peabody Energy-Aggressive Growth Portfolio):

http://www.thestreet.com/p/_htmlrmw/rmoney/technicalanalysis/10378494.html

Alcon (Aggressive Growth Portfolio) is buying back an additional 2 million shares.

EPS: 2006 $4.35, 2007 $5.25, 2008 $5.90; DVD: $2.06 YLD 1.5%

http://finance.yahoo.com/q?s=ACL

More Cash in Investors’ Hands

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