Monthly Archives: September 2012

Joe Nocera Forgets History

Joe Nocera of the New York Times laments that the notorious billionaires on the Forbes 400 list mainly pay capital gains tax rates. He quotes Mitt Romney saying a low capital gains rate is “the right way to encourage economic … Continue reading

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Dividends: Beware Feeble and Fading Aristocrats

I like dividend paying stocks and have been writing about their virtues since early 2009, well before they became the rage on Wall Street.  I like them for a few reasons.   Most large, mature U.S. companies can pay a decent … Continue reading

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krU-Turn: The Depression Ended in August

A Chronic Depression . . . While you and I were on vacation, Professor Paul Krugman was making the rounds of TV studios, flogging his book End This Depression Now.  He defines the current “depression” as a “chronic condition of … Continue reading

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Muted Expectations Could Set the Stage for a Positive Stock Market Surprise

Wall Street Strategists’ Forecasts . . . As we head into an action-packed final third of 2012, Wall Street strategists are taking a cautious view of the U.S. stock market.   But if the election in November brings more pro-business policies, … Continue reading

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