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August 2011

Recs

3

Speaking of Debt...

August 10, 2011 – Comments (3)

In my column today, I decided to draw on the fact that everyone's talking about the U.S. credit rating downgrade and our government's fiscally irresponsible ways and find the parallel to the mindset that's been a pervasive problem on all levels in the U.S. As much as some stocks are becoming bargains now, let's not forget why a strong balance sheet is another sign of responsible management. Highly indebted companies? Not good bets in the current climate.  [more]

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