US Consumer Confidence Index™ Plummets Further in February to 25

2009-02-24 Thread xi
http://www.conference-board.org/economics/ConsumerConfidence.cfm The Conference Board Consumer Confidence Index™, which had decreased moderately in January, declined in February, reaching yet another all- time low. The Index now stands at 25.0 (1985=100), down from 37.4 in January. The Present

Re: US Consumer Confidence Index™ Plummets Further in February to 25

2009-02-24 Thread xi
My comment: As expected we are already in the risky side. Peace and best wishes. Xi Obama Pressed to Use Nationwide Talk to Spark Hope on Economy http://www.bloomberg.com/apps/news?pid=20601087sid=a0DL0uM2K2forefer=home On Feb 24, 4:03 pm, xi xieu.l...@gmail.com wrote:

Miller Says 401(k) Plans Are High-Stakes ‘Crap Shoot’

2009-02-24 Thread xi
http://www.bloomberg.com/apps/news?pid=20601087sid=aw1LU5_qRb.Irefer=home Feb. 24 (Bloomberg) -- House Education and Labor Committee Chairman George Miller said 401(k) retirement plans do not provide sufficient retirement security for many Americans and must be revamped. Miller, a California

Re: Miller Says 401(k) Plans Are High-Stakes ‘Crap Shoot’

2009-02-24 Thread xi
My comment: For US friends. Arable land with good water supply. Commodities. Grow food at home. That will not turn rich to anyone probably, but it can give a better life without dramatic troubles Peace and best wishes. Xi Investors Sit Tight as Flaws in 401(k) Plans Exposed

China prepares rebound

2009-02-24 Thread xi
China Said to Plan $3 Billion Investment in Fortescue http://www.bloomberg.com/apps/news?pid=20601087sid=alrRVjOYXUaUrefer=home Feb. 24 (Bloomberg) -- China, the world’s largest metal consumer, may invest about $3 billion in Fortescue Metals Group Ltd., Australia’s third-biggest iron ore

Re: Miller Says 401(k) Plans Are High-Stakes ‘Crap Shoot’

2009-02-24 Thread Mercury
It may take more than the worst bear market in 77 years to rattle U.S. retirement-plan investors. Right before the baby boomers retire, how convenient! I feel REALLY sad for the baby boomers! On Feb 24, 12:10 pm, xi xieu.l...@gmail.com wrote: My comment: For US friends. Arable land