mollytjm

Stocks Will Continue to Erode In This Busted Economy

thanks for weighing in, Mr. Zaky. overall this is a good article, if grim. added to the list, we'll see major insurance companies, already shored up by the fed through medicare, saying it will need help to cover the rising cost of taking care of old people, since they're previous models didn't have us all living so long.
consumers will give up a lot of things...places to eat will feel it pretty hard...but we're hooked on technology, especially our cellphones and smartphones, partly because they help us feel that we're not so alone and, especially in tough time, that's a comfort. i think Apple will do well over the holidays. i mentor zoo volunteer teens and they ALL want iPhones or the Touch for the holidays. not one is pining for Android or, dare i mention it, Zune. it's the App store and cheap entertainment, once you buy the iPhone and contract.
then once they get the gift, they'll be in the Apple store in January. the King of Prussia store is still doing a booming business, even in a constantly slow mall. February is a long way away, except we'll have a change in the white house by then. Hopefully, it'll help.

General Electric Moves On Down the Largest Company List

with so much turmoil all over the place, this kind of list isn't really very relevant. What's relevant is who has the $ to stay afloat and prosper in the future with products that will be competitive in a world market. a GE long term bond, if it's 10 years, should still be fine. GM on the other hand...sigh.