Before we get into all the good news out there, let us first take a look at what the term "news" really means. By definition, the term "news" means the exception to the norm. If it is expected to happen then it is not news. If it differs from the norm, then it is news.
Here is a good example - if on a given day all planes landed safely at JFK International Airport in New York, is this news? Nope. If one of those planes crash, is this news? Yep. See what I mean. Take into account also that media needs to sell itself whether through subscriptions or by advertisements and you end up hearing a lot of bad news. I don't know about you but I want to enjoy my life and not have the media make me feel depressed. So, let us take a look at some of all the good things happening on Wall Street which I feel will lead us into the next bull market for stocks.
- Corporate earnings are near an all time high and are growing at a double-digit pace.
- Corporate balance sheets are stocked full of cash. Companies in the S&P 500 Index have $634 billion in cash that can be used for equipment purchases, dividends, share buyback programs, or acquisitions.
- Cash sitting in money market funds and savings accounts are at high levels. Money market funds alone are at $1.9 trillion. This is potential fuel for the stock market.
- Total employment in the US is higher than it has ever been and the unemployment rate is below the historical average.
- Personal net worth excluding your home is at record levels.
- The money supply growth has been positive. M3, the broadest measure of money, has grown by $266 billion so far this year.
- Interest rates are still low.
- Inflation is low.
- The S&P 500 Index's price-to-earnings ratio is actually lower now than it was at the bottom of the bear market in October 2002.
In my opinion, stocks look undervalued now compared to other investments. One of these days something will happen, I do not know what, that will trigger the market to move higher. Even the Fed's own model shows the S&P 500 to be about thirty percent undervalued. Plenty of good news out there . . .
Peace and Goodwill!
Roland R. Manarin is president and founder of the Manarin family of financial companies which manages in excess of $350 million.
Launch of Care News & Events - carehome.co.uk/news/
carehome.co.uk have launched a news service - http://www.carehome.co.uk/news/ - that features the latest news for the long-term care sector. The focus of the news is on care homes, assisted living, home care, hospitals and businesses and organisations involved in the care sector. The news is sourced from the national and local press, specialist care publications and care providers and is compiled by the specialist care editor Richard Hammond.
Making the News - Tips from A News Journalist
What makes a good media release and how do you engage the media with your story idea? How do you pitch stories to the media, especially hard-nosed news hounds who can sniff out a 'puff piece' a mile away?The media receives literally hundreds of media releases a day, many which are instantly disregarded. Why? A number of factors contribute to the demise of a media release, one key aspect however that contributes to a well written and published releases is the writers ability to be media savvy, that is identify the aspects an editor is looking for when selecting the day's news.
Sell My Timeshare NOW is Good News in a Bad News Economy
Despite weak earnings reports for some developers in the resort and timeshare industry, Sell My Timeshare NOW, a timeshare advertising and marketing company, has released a positive third quarter 2008 business synopsis. The timeshare company demonstrated a 170 percent increase, quarter-over-quarter in the number of offers to buy timeshare or rent timeshare.
News 12 The Bronx Celebrates 10 Years Of Local News Coverage
The borough's first and only dedicated news channel marks its 10th year on cable television; The cable-exclusive channel made its debut in 1998 as the first 24-hour local news channel completely dedicated to covering news of the Bronx.
Travel Off The Cuff Launches Social News Site for Travel News and Stories
Travel Off The Cuff has launched as a social news site focused on travel related news and blog stories. The service allows visitors to browse through and submit travel stories from around the world. Travel Off The Cuff utilizes the collective wisdom of the users to create a First Class list of travel stories.
(AHN) All Headline News Expands Sports News Services With Multi-Sport Scores Feeds
Leading news and content service provider (AHN) All Headline News, announces the addition of sports scores to its existing line-up of sports news and content services.
Services available for: NFL, MLB, NBA, NHL, WNBA, international soccer, college basketball, collegiate football.
Bad News is Good News
For weeks, no, months we have been bombarded with nothing but negative news about the economy in general and thousands of individual companies. The stock market has dropped thousands of points and more than $8 trillion in paper assets have disappeared.
