By Sam Ro
It’s May. And one of the oldest “rules” on Wall Street is “sell in May and go away.”
Based on some rough historical observations, someone decided that it might be a great idea to stay out of the stock market between May and sometime in the fall.
The truth is that the market doesn’t tank during that period. Returns are just lackluster, not negative.
FBN Securities’ JC O’Hara ran the numbers for the past 20 years and charted the returns.
Food stamp programs in the US (including by state government in Florida and Tennessee) have been outsourced to a JP Morgan operation in India.
abcNews (29 Apr 2009)
If you want to read the story of…
In the second installment of our 2-part interview with investment advisor Catherine Austin Fitts, we hear her advice for both the young and young at heart in navigating today’s job market.
Cath…
Could ‘Goldilocks’ Planet be Just Right For Life?
Google.com (30 Sept 10)
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iPhone 4 Orders Exceed 200,000 in China
Reuters (27 Sept 10)
By Jennifer Staman, Legislative Attorney
Congressional Research Service (31 Mar 11)
This report first provides a broad overview of state and local government finances and how these governments incorp…
By Vincent Fernando and Kamelia Angelova
Continue reading CHART OF THE DAY: Manufacturing Capacity Was Demolished In 2009
By Garakami
Scientists are eager to bring the universe a little closer to home with the soon-to-be world’s largest optical Thirty Meter Telescope (TMT). The telescope was recently approved to be …