In the 1990’s it was hard to lose money in the stock market. “Don’t confuse brains with a bull market” was a popular slogan, and in fact was printed on a shirt that we wore on the trading desk at Tuttle & Co. Late in the decade, however, stocks did not look so great. When [...]

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  Don’t Sell, Rent – Alexandra Zendrian – Homeowners who don’t want to lose money are renting out their houses rather than selling them. It could be a creative new income stream. – Forbes ———— More than 15% Spend $2,000 in Monthly Housing Costs: US Census -  [...]

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     +    F.D.I.C. May Borrow Funds From Banks – By STEPHEN LABATON – Tired of the government bailing out banks? Get ready for this: officials may soon ask banks to bail out the government. Senior regulators say they are seriously considering a plan to have the nation’s healthy banks lend [...]

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In Pennsylvania, G-20 leaders (I’m so old I remember the G-7 meetings…) begin their two-day Pittsburgh summit today. (The Steelers are away this weekend… so much for them taking in a game of American “gridiron”.) They have already warned economists that the recovery is still too fragile to even think about ending governments’ massive liquidity [...]

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