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Daily Archives: June 23, 2011

Two Stocks for a Slow Economy

June 23, 2011
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Two Stocks for a Slow Economy

The economy’s woes have grabbed more than a few headlines lately. The economy has officially slowed in the U.S., Japan, the U.K. and elsewhere. The U.S. economy, as measured by the Gross Domestic Product (GDP), rose 1.8% during the first quarter of 2011, its seventh quarterly increase in a row. The growth of the economy is slow by most standards, and I believe unemployment won’t fall until GDP increases by 3.5% or more. I expect the U.S. economy to remain sluggish for an extended period of time, probably two years or more. Am I bearish on the stock market?...

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