Posts Tagged ‘economy’

Best Investments for 2010 According to Your Polls

March 1st, 2010

International Stocks

A recent poll on stockweb.com has returned some amaizing but all expected results regarding the best investments for 2010.

The poll asked a simple question ” What are the best investments vehicles for 2010?” and this is how the answeres totaled up:

  • International Stocks 50%
  • Energy Commodities 35%
  • Precious metals 35%
  • US stocks 28%
  • Soft commodities 17%
  • Bonds 14%

According to this numbers there is a feeling of optimism transpiring and validates a solid faith in an economic rebound. However it is interesting to see that 50% of participants indicated International Stocks as their best approach to investing in 2010. It’s interesting because not longer than 5 years ago when I was running a hedge fund, this particular investments were labeled as above normal risk and many investors steered clear of emerging markets such as Brazil and Argentina to name a few. » Read more: Best Investments for 2010 According to Your Polls

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Small Business Unemployment on the Rise

February 28th, 2010

Small Business Unemployment on the Rise

With unemployment at a 26 year high at 10.2%, its no wonder that DC movers and shakers are starting to focus more attention on small business owners.

Statistics supplied by ADP (and reported by CNN) show that small businesses (businesses with less than 50 employees) cut 68,000 jobs in the last quarter of 2oo9. A huge portion of the total 5.3 million jobs lost this year alone was due to the 2 million jobs lost in small business.

With challenges such as small business loans drying up, SBA subsidies running out, and other small business financial institutions going bankrupt, it will be harder to recover those lost jobs. In fact, large banks have axed close to $10 billion dollars in small business lending. » Read more: Small Business Unemployment on the Rise

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Banks to pay back government loan

January 16th, 2010

Finally someone has managed to see thorough the smoke and mirrors of the big banks. This is maybe the first time that Big Bank had to answer to the American people and I for one am welcoming it.

On January 14th of this year, president Barack Obama announced plans to impose a levy on large financial firms, responding to public furor over reports of massive profits and “obscene” bonuses at companies that received taxpayer aid to weather the worst economic crisis since the Great Depression. » Read more: Banks to pay back government loan

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