After declaring equities safer than bonds and gold, the billionaire sets an example with several purchases.
E-Trade is downgraded to 'neutral' at Goldman.
Visa, MasterCard were downgraded to 'neutral,' and Intel was initiated with a 'neutral.'
Long term, the giant contractors have strong hope to keep thriving.
A flat or smaller US defense budget would hurt these contractors.
These undervalued companies are on firm footing and offer shareholders solid dividends and earnings growth.
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MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.