Truth in Wealth Building

Fed starts two day meeting

Stocks are lower this morning, as the Federal Reserve starts a two-day meeting. Yesterday was flat with the Dow posting its highest close of 2016….

Merger Monday

What is new is old again. Haggen will sell to Albertson’s 29 “core stores,” including the two in Bend. Haggen bought the stores from Albertsons…

A fourth consecutive week?

Sears’ second-largest shareholder has sold off more than 700,000 shares this month. The SEC says, Bruce Berkowitz’s Fairholme Capital has sold 706,600 Sears shares reducing…

The world of negative interest-rate’s

Welcome to a world of negative interest rates. The European Central Bank moved its bank deposit rate to minus 0.4% today. It also extended its…

Happy 7th Birthday Bull !!!

We are now 7 years from the Bear Market low of 3/09/09 when the S&P 500 hit a closing low of 677. The 2-years following…

Commodities continue upswing

Dick’s Sporting Goods reported fourth-quarter results that missed expectations. Fourth-quarter profits were a $1.13 per share on sales of $2.24 billion. Same store sales were…

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