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Entries by Dan Dorfman from 07/2010

Hurry, Look for the Escape Hatch

| Posted 07.03.2010 | Business

"The winter of our discontent" was one of Shakespeare's more memorable lines in Richard III. As far as Wall Street goes, a more appropriate designation for this season might well be our summer of discontent.

Make Room For Gloom and Doom

| Posted 07.06.2010 | Business

Long-standing members of the end-of-the-world brigade are once again shouting from the rooftops, spouting one doomsday scenario after another.

Day of the Lion or the Lamb?

| Posted 07.13.2010 | Business

The Dow zoomed 5.3% or 511.55 points in four consecutive winning sessions, in the process racking up its best week of the year. Was the giant gain a fluke or the start of something big?

Enjoy Yourself, It's Later than You Think

| Posted 07.17.2010 | Business
Read More: Business News

Excessive debt, high unemployment, ballooning budget deficit: any way you look at it, these are not the makings of a sustained economic recovery, no matter what the White House and various self-proclaimed financial experts tell us.

SEC Investigating BP Trading

| Posted 07.21.2010 | Business

Tack on a new and unreported dimension to British Petroleum's catastrophic oil spill in the Gulf of Mexico, a recently initiated investigation by the Securities and Exchange Commission into the trading in BP shares.

A Cockeyed Optimist no More

| Posted 07.23.2010 | Business
Read More: Business News

Thanks to a slew of sunny second-quarter earnings reports in recent days, which drove up the Dow Industrials more than 300 points in the past week's final two trading sessions, many impressionable investors have begun scooping up equities again.

A Bigger Bang For Your Buck

| Posted 07.26.2010 | Business

For many, if not most Americans, it's as crucial as Medicare and a good drug plan. That's the need for low-risk, higher interest income -- a flow of funds that will help you live out your golden years with dignity

Gold Shines, But Media Sees Rust

| Posted 07.29.2010 | Business
Read More: Business News

"I get no respect," was the favorite line of the late comedian, Rodney Dangerfield. Media blasts notwithstanding, the bottom line here is that gold, widely thought of as a safe-haven investment, clearly merits respect.

Watch out for 'Black Friday'

| Posted 07.30.2010 | Business

If you walk in a field riddled with land mines, you stand a good chance of getting killed. Financially, the same fate may well await investors who've been swallowing the party line from those economic hucksters in Wall Street and the White House.