7/20/07

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 Congress’ attempt to hide earmarks:

http://www.clubforgrowth.org/2007/07/reid_and_pelosi_employ_sneaky.php

Politics

Domestic

The fence, at last:

http://www.reuters.com/article/domesticNews/idUSN1940889620070719?feedType=RSS&rpc=22&sp=true

International War Against Radical Islam

The Market

Technical

Fundamental

News on Stocks in Our Portfolios

A technical analysis of General Electric (Dividend Growth Portfolio):

http://www.thestreet.com/p/_htmlrmm/rmoney/technicalanalysis/10368817.html

Microsoft (Aggressive Growth Portfolio) reported fourth fiscal quarter operating earnings per share of $.39 in line with expectations and versus $.28 reported in the comparable 2006 quarter.

EPS: 2006 $1.20, 2007 $1.50, 2008 $1.70; DVD: $.45, YLD 1.3%

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

http://www.thestreet.com/_htmlbooyah/newsanalysis/techsoftware/10368985.htm

Wilmington Trust (Dividend Growth Portfolio) reported second quarter operating earnings per share of $.70 versus $.67 recorded in last year’s second quarter.

EPS: 2006 $2.66, 2007 $2.73, 2008 $3.00; DVD: $1.32, YLD 3.3%

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

Market Analysis

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