Monday, October 22, 2007

10/22/07

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.). Earmark reform---not.

http://www.examiner.com/a-998112~Timothy_P__Carney__Congress_porks_up_waterways_bill.html

More on the dollar from Larry Kudlow:

http://article.nationalreview.com/?q=YjdjZGIzMTI4NDUzOTRmYzYxOTZmMDYzODQ5NDBmNTI=

Politics

Domestic

International War Against Radical Islam

The Market

Technical

A study of market action after a big down day:

http://www.seekingalpha.com/article/50771-big-gap-down-after-big-down-day-historical-precedents

Fundamental

Some great investing tips from Cramer:

http://www.thestreet.com/_htmlbooyah/funds/madmoneywrap/10385535.html

News on Stocks in Our Portfolios

Ecolab Inc (Aggressive Growth Portfolio) reported third quarter earnings per share of $.46 versus $.43 in the comparable 2006 quarter.

EPS: 2006 $1.40, 2007 $1.65, 2008 $1.85; DVD: $.46 YLD 1.2%

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

More Cash in Investors’ Hands

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