Miserable October Retail Sales: Eye on Oil, Autos and Housing [View article]
the longer home prices fail to stabilize, the longer it will take for market to stabilize. so far we have not had a single 2-month stabilization in homes.
The oil price shock is a bubble that we all see and feel, yet it hasn't popped. The US is facing a fairly significant growth in unemployment (see May data released today), the US autos are finally shifting production to smaller more fuel-efficient cars, and the housing market is declining world wide. The latter will have the most profound impact on demand, and therefore the consumption of oil.
Miserable October Retail Sales: Eye on Oil, Autos and Housing [View article]
10 Top Dividend Stocks of the S&P 500 [View article]
Fundamentally, i'd avoid auto, am not completely sure where pharmas fit (too much competition, and politics are pushing for lower health care costs).
How Bad Is the Oil Shock of 2008? [View article]