For the time being, it appears that inflation in China is under control. While we may not get an official announcement about a monetary easing policy until later this year, I believe we’ll at least see a quiet end to the tightening. And a China that’s back online with spending and lending, my friends, is very bullish.
On September 12, the pioneering Rep. Thaddeus McCotter introduced trailblazing legislation providing workers the freedom to choose personal savings and investment accounts to finance half of their future Social Security benefits.
The telecom stocks which appear to have the best total return potential, i.e. dividend yield plus price appreciation based on both technicals and fundamentals are Verizon (VZ), AT&T (T) and CenturyLink (CTL). Many of the other telecoms I reviewed had attractive fundamentals, but collapsing share prices, such as Frontier Communications (FTR) and Telephone and Data Systems Inc. (TDS).
With the situation in Europe in check for the moment (emphasis on the for the moment), I’m starting to turn my focus toward some CPI and PPI numbers later this week. Not here in the States, but in China, where they’ve been tightening for a while now out of inflationary concerns. If those numbers come out tame—which is the expectation—that could be an indication that China is ready to start ramping up production and begin growing again. That’s good news for the entire world.
This president’s dangerous lack of fiscal responsibility and the anti-business, anti-job-creation, anti-growth policies he continues to insist upon have not only crippled Americans,