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Is The Stock Market Rebound Real?

A six-week rally in the stock market is creating new optimism among investors. Since its low on March 9, the Dow Jones Industrial Average has jumped 24%. Better-than-expected earnings reports from firms such as JPMorgan Chase & Co., Goldman Sachs Group, and Wells Fargo are helping to power the upswing.

Slow & Steady Savings

Their portfolio is a mix of long- and short-term investments that also include domestic and international stocks and mutual funds along with real estate properties. The Foys re-evaluate their portfolios once a quarter, eyeing each investment’s performance.

Negotiating in a Volatile World

When South Korea President Lee Myung-bak came to the United States earlier this week, he made sure that he met two high-powered Washington officials during his three-day state visit. At the top of Lee’s agenda, of course, was a meeting with President Barack Obama. At their summit, Obama reaffirmed his pledge to protect South Korea from North Korea’s nuclear threat.

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