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<Steve051108PM_>
Saturday in Southern California - I'm inviting our Southern California listeners to join us this Saturday (May 17th) in Industry Hills for a very important Wealth Conference. We will help you understand what kind of an investor you are. At the conclusion of the morning I believe you will feel better about your ability to take control of your portfolio. We will help you identify the obstacles you've placed in your way.

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Make an AppointmentContact UsNews that Moves the Market

The Dollar: A Bottom at Last?
Wall Street looks to US consumers for direction
2008 growth outlook deteriorated: Blue Chip
Main St, not Wall St, should fix crumbling infrastructure
2nd Quarter GDP Looking Better - Talking Point




May's Edition - Do You Have To Move? By Steve Peasley Where are You Going to Live in Retirement? As we age and approach retirement there are a few key questions we must ask ourselves. Besides the obvious such as when can I retire and where do I want to live in retirement there is the all important question ‘can I afford to retire’?
Details on the Story



Meruelo Maddux Tumble Puts Los Angeles on Sale at 65% Discount
(Bloomberg)05-11-08 -- A package of Los Angeles real estate on sale for 35 cents on the dollar is attracting investors to the depressed shares of Meruelo Maddux Properties Inc., the biggest private landowner in the city's four-square-mile downtown
Details on the Story



Hewlett-Packard Near Deal To Buy EDS for $13 Billion
(AP)05-12-08 Hewlett-Packard, the world's largest personal-computer maker, is close to a deal to acquire Electronic Data Systems for between $12 billion and $13 billion, the Wall Street Journal reported, citing people familiar with the matter.






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Dollar's Rebound May Push Oil Prices Lower—For Now
(CNBC)05-12-08 The weak US dollar, which has been a major factor in both oil and stock prices in recent months, is finally showing signs of rebounding.
Details on the Story



Inflation, Housing Data Lead Busy Economic Week
(CNBC)05-12-08 The week will be heavy with economic data and speeches by Federal Reserve Chairman Ben Bernanke and number of Fed governors and bank presidents.
Details on the Story



MBIA Swings to Huge Loss of $2.4 Billion
(CNBC)05-12-08-Troubled bond insurer MBIA reported a surprisingly large first-quarter loss, hit by a loss on revenue of $2.96 billion as the on-paper value of insured derivatives plunged.
Details on the Story



HSBC in new sub-prime writedown
(BBC)05-12-08-Europe's biggest bank HSBC has written off $3.2bn (£1.6bn) in the first three months of 2008 as a result of its exposure to the US sub-prime market
Details on the Story



Putin announces cabinet line-up
(BBC)05-12-08 Russian Prime Minister Vladimir Putin is proposing the names of ministers in his new government, which will work with President Dmitry Medvedev.
Details on the Story



Morgan Stanley raises billions for infrastructure
(Reuters)05-12-08 - Morgan Stanley and a fund set up by General Electric and Credit Suisse said on Monday they had collectively raised almost $10 billion for funds to invest in infrastructure.
Details on the Story



China's April inflation near decade-high levels
(AP) 05-12-08- China's inflation rose in April to near decade-high levels, according to data released Monday, increasing pressure on Beijing to cool rapidly ascending prices and avert possible unrest ahead of the Summer Olympics
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6 ways to cope in a scary market
(Money Magazine) 5-9-08 - Everyday ways to take your mind off Wall Street's wild swings.
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Savers: Beware of falling interest rates
(Money) 5-9-08 - With inflation outpacing yields on savings and money market accounts, what’s a saver to do?
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Do I really need a 'CFP'?
(Money Magazine) 5-9-08 - Certified Financial Planners are one of the better known designations in the world of financial expertise. But those letters aren't necessarily a guarantee you're getting sound advice.
Details on the Story



Don’t lose faith in your 401(k)
(CNNMoney.com) 5-9-08 - Even when markets are headed south, a 401(k) is a great vehicle for retirement savings.
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Barely surviving on credit cards
(CNNMoney.com) 5-9-08 - No longer able to turn their homes for cash, Americans are increasingly using plastic to meet their basic living expenses. But many can't afford to pay the bills.
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Merlot Made From Hamptons Vineyard for $100 Beats Saint-Emilion
(Bloomberg) 5-9-08-- After making wine since 1992 surrounded by the mansions of the Hamptons, Roman Roth got the ingredients for the ideal vintage last summer: steady sunshine and little rain.
Details on the Story



Valentino Brand Plans to Double Sales in Five Years
(Bloomberg) 5-9-08-- Valentino SpA, the Italian luxury clothier purchased last year by Permira Advisers LLP, plans to double its sales in the next five years, Chief Executive Officer Stefano Sassi said.
Details on the Story



Diageo to Build New Irish Plant, Brew More Guinness
(Bloomberg) 5-9-09-- Diageo Plc will build a new Guinness brewery on Dublin's outskirts, increasing capacity to meet demand for the stout abroad, and sell half the land at its site in the Irish capital, where production started 250 years ago.
Details on the Story



Ahold Sales Fall, Will Only Improve Later This Year
(Bloomberg) 5-9-08-- Royal Ahold NV, the Dutch owner of the U.S. Stop & Shop supermarket chain, said first-quarter sales fell 1.3 percent because of the dollar's slide and forecast no improvement until later this year
Details on the Story



Circuit City Puts Itself Up for Sale, Hires Goldman
(Bloomberg) 5-9-08-- Circuit City Stores Inc., pressured by investor Mark Wattles to raise its stock price, put itself up for sale and opened its books to Blockbuster Inc. and billionaire Carl Icahn to prepare for a possible offer.
Details on the Story



An end to the economy's nose dive?
(MSN)05-08-08-The US financial engine is sputtering, but all the recent tinkering just may keep it running. Maybe we can turn off the warning signals, at least for now
Details on the Story








 
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