In the middle of April, we posed the question, “Is now the time to get back into the home builders?” With the Philadelphia Housing Index ($HGX) having closed at $79.89, we cited several reasons why we felt it was, in...
On Tuesday, Treasury Secretary Henry Paulson and members of Congress clashed over the best use for the $700-billion financial bailout fund, with lawmakers demanding money to stem a national wave of mortgage foreclosures. At a House of Representatives Financial Services Committee...
Provided Courtesy of OTCPicks.com “Hold on, we’re in for a bumpy ride!” is the familiar saying that comes to mind right now in the markets. More bad news keeps coming despite all the government interventions and eye-popping money being thrown at...
Written by OTCPicks.com With the economy on the brink and elections looming, Congress approved an unprecedented $700 billion government bailout of the battered financial industry on Friday and sent it to President Bush for his certain signature. The final vote was 263-171...
