Money Morning Executive Editor William Patalon III, Fitz-Gerald took the time to outline that eight-point rescue plan for the U.S. economy. In that plan, the changes Fitz-Gerald calls for include:
• Cuts in federal spending.
• Pension reforms at all levels.
• A halt to weak-dollar policies.
• And a realization by Washington that it’s time to take China much more seriously.
In Part I of this interview, which appeared yesterday (Thursday), Fitz-Gerald assessed the health of the U.S. and global economies, provided his outlook for the U.S. stock market and for commodity prices, and even offered an investment strategy for 2011.
Tag: Money Morning
Profit From the One Company That Will Win the “Mobile Internet” Gold Rush
Analysts have been predicting the Internet’s “mobile explosion” for years.
It’s finally happening. And it’s a much bigger blast than anyone anticipated.
Slightly more than a year ago, Gartner Inc. (NYSE: IT) projected that 172 million Web-connected mobile devices would be sold in 2010 – a 45% increase over 2009.
Mobile devices – and M in particular – are a big, big business now.
Commodities, Europe’s Winter Storm Hint to 2011 Market Trends
The new star of the show for commodities is sugar, which stormed out to a new high by 1.9% after word that a cold front had virtually wiped out Florida’s sugar cane crop, which is the largest in the United States.