While president focuses on health care, voters’ actions suggest they’re more concerned with the economy
Nearly a year ago, Vice President Joe Biden notoriously asked, “Why are we focusing on health care when the economy is the problem?” Apparently Obama didn’t get the memo.
In the Scott heard around the world, previously unknown Massachusetts state Rep. Scott [...]
As I have stated before, the economy won’t hit the bottom until housing prices stabilize. Recent reports show that single-family home prices in the U.S. posted a slight 0.2-percent increase in the third quarter. This was the first quarterly gain in two years. The biggest increases were in the West, despite California, Arizona and Nevada [...]
...read moreConsumer Staples, Health Care Seen As Recessionary Havens
by Mary Ellen Lloyd, Dow Jones Newswires; 704-948-9145; maryellen.lloyd@dowjones.com
A year into the U.S. recession, the smart money on Wall Street says traditionally defensive sectors such as consumer staples, health care and telecommunications remain among the best bets.
That’s because it is businesses like drugstores, food producers, managed-care companies, and [...]
