Lately it’s seemed like the flurry of dividend cuts we saw earlier in the year has slowed. Then today, Eastman Kodak came out and said its losses more than tripled in the first quarter of 2009.
The firm said it would be trimming executive pay, forcing employees to take an unpaid week off, and suspending the semiannual dividend.
When [...]
by Nilus Mattive on April 29, 2009
in General
I devoted the cover story of the March Dividend Superstars newsletter to preferred shares, and in a follow-up this past month, I talked about additional risks associated with this unique class of stock.
Today, I came across an interesting rumor that is floating around: Six of the 19 banks that were given “stress tests” have inadequate capital at the [...]
by Nilus Mattive on April 22, 2009
in General
Many of us here at Weiss have been warning about a bubble in long-term Treasuries so I just wanted to drop you a quick statistic that supports the idea …
Foreigners sold a net $146.8 billion in U.S. assets in January and another $97 billion in February!
If international investors are becoming more cautious on U.S. bonds, [...]
Today we saw another dip in the CPI. March CPI pulled back 0.1% as declining energy prices offset the biggest jump in tobacco prices in at least 10 years (due to the large tax hike I mentioned in the March issue of Dividend Superstars).
When you couple this surprise dip in CPI with yesterday’s data on [...]
by Nilus Mattive on April 6, 2009
in General
Well, since the markets are pulling back a bit today, I thought I’d just do a very quick recap of the nice run stocks put together during the month of March.
Overall, the S&P 500 jumped 23% in just 13 trading days, its best run since 1938. Nice …
Until you add a little more context, of [...]