Worst and Best Trades From 2008
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5. Lieutenant Governor Paterson Becomes Governor of New York
Governor David Paterson is the first African American governor of New York and the first legally blind governor in the United States. Although Paterson's background may not be squeaky clean, this swap of Paterson for Eliot Spitzer ranks as one of the year's best.
Another New Yorker who made a fortunate trade is Hillary Clinton. Going from defeated primary candidate to Secretary of State can't be all bad.
Let Nick Atkeson and Andrew Houghton show you how to double your money twice each month.
Here are more 2008 Wrap-ups and 2009 Trading Ideas
More By This Expert
Looking into June, the market should begin refocusing on upcoming earnings reports for evidence the economy is gaining momentum.
Watching the Treasury's Actions
In the short-term, the government's bond auction is likely to be a key driver of stocks.
Treasury Auction Boosts Market
The Treasury's auction of two-year notes brought an upside surprise which should alleviate fears of a lack of demand for U.S. paper.
Credit Markets Point to Upturn
The credit market, a reliable indicator of equity direction, suggests we will break out of the SPX's trading range to the upside.
The market seems to be saying that a 30% move up from the lows is ahead of the real economy and the market needs to allow the economy to catch up.
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