The axle that is health care reform, and around which Washington is wrapped, threatens to scuttle the Presidents domestic agenda while he frustratingly tries to reach out to foreign allies (or non allies as the case may be). Read More
The Consumer Price Index, a measure of the average price level of a basket of consumer goods and services, was up 0.3% for the month of October, while the core CPI rate, excluding energy and food, rose 0.2%. On a year-over-year basis, consumer prices were down .2%. Read More
In what appears to be a bet consumers will stick with discount retailers even after the economy rebounds, Warren Buffett's Berkshire Hathaway increased its Wal-Mart holdings by almost 90 percent during the summer. It added almost 18 million shares, currently worth almost $1 billion, in the third quarter. Read More
Warren Buffett's Berkshire Hathaway is due to release its third quarter stock portfolio 'snapshot' later today (Monday). The 13F filing with the SEC will list Berkshire's holdings of U.S. publicly traded stocks as of September 30. There are times, however, that Berkshire gets permission from the SEC to keep some holdings confidential, often as it is accumulating a position. Read More
The health care reform bill passed by the House this weekend now moves to the Senate, which has its own version of a bill. So how do investors play health care stocks? Les Funtleyder, health care strategist for Miller Tabak and Ipsita Smolinksi, health care analyst for Capitol Street gave their outlook on Monday to CNBC. Read More
Markets rose on Wednesday despite a weaker-than-expected reading on the services sector. Is the economy in the middle of a recovery and if so, how can investors play it? Bill Spiropoulos, CEO of CoreStates Capital Advisors and John Merrill, founder and CIO of Tanglewood Wealth Management shared their insights. Read More