Forbes Chirp Index Predicts '09 Economic Recovery
2008—a year which will go down in history as a particularly nasty one from an economic point of view—is almost a memory. While the economic challenges which confront the world at present will likely get worse before they improve in the coming year(s), it is still a worthwhile exercise to plumb the depths of one’s mind to try to assemble a list of ten reasons to be thankful as we face 2009.
With community banks paying up to 6% interest while most major banks are paying nothing it’s really not surprising to see community banks emerge as the safer, preferred investment channel. Look into Checking Finder (https://www.checkingfinder.com/). This search tool will find community banks in your area paying up to 6% reward checking. Just type in your zip code.
Positive Developments for the Renewable Energy Industry
This year has been a big win for those who have been rooting for a larger renewable energy industry and reduced dependence on carbon based fuels. There have been several initiatives, legislation, and events that are expected to invigorate the growth of solar, wind, and other alternative energy markets.
Standard & Poor's recently announced the companies that will comprise the Dividend Aristocrats for 2009. The S&P 500 Dividend Aristocrats are companies in the S&P 500 index that have followed a policy of consistently increasing dividends every year for at least 25 consecutive years. The 2009 Aristocrats total 52 companies for 2009 versus 60 companies for the 2008 Aristocrats.
U.S. Corporate Earnings: Wishing, Hoping & Watching
Where'd the bailout money go? Shhhh, it's a secret
A summary of the lack of oversight and requirements of firms receiving TARP funds to disclose how the funds are being utilized. The mere fact that banks have the right to refuse disclosure to the public (and gov't) about the use of taxpayer funds highlights the sloppy and hasty nature of the TARP legislation. It's a sad day when we have to implore banks to use the funds properly.