2009 Won't Be Amazing, But it Will be Good

Flipping through WSJ as of late, I read an article about the desensitization of investors considering we have already heard so much unfavorable news, nothing short of Armageddon could take down the market as much as previous news has. This is great news for those looking to make a buck or two in the market this year, in fact I think there are more great investments out there than one might perceive. 

Considering Obama will be quick to implement a stimulus package as soon as he's sworn in, I firmly believe that those with the guts to buy the right stocks to profit off of such a package now will be rewarded. Alternative energy companies, retailer among other companies will all seeing improving bottomlines  due to an economic stimulus. Companies such as Best Buy, GAP and other retailers will definitely see improvement, and I think investing there right now is a great move. Additionally, a stimulus will positively affect Starbucks, despite it's recent downturn in sales and recent closing of store, and help it build back up, especially since they have begun to offer new tea drinks, and Starbucks Gold Membership cards, both of which will undoubtedly better performance.

As a slightly riskier bet, go with Bank of America. Hell, if they could survive this mess and acquire a few companies, those with guys will be rewarded for their audacity in purchasing BAC today. With new talent pouring in, and a slow, yet sure, rise in borrowing due to incredibly low interest rates, the company will outperform what most would expect. 

 

Lastly, I would like to apologize for a lack of posts over the Christmas/New Years Eve period of time. I consider that a vacation from everything, therefore I didn't post. This new year will involve many great posts to come about Business, Economics, and whatever else I may feel discussing.