Why Russia's woes should worry you As financial markets and governments worldwide hope for a brighter year, one big country's troubles threaten to send the global economy tumbling into a deeper hole. Uncertainty is the new 'normal' Don't wait until conditions stabilize to adjust your portfolio. The time to act is now because a normal market is a long way off. Dow falls 82 after weak auto sales GM, Ford, Honda and Toyota see December sales slide more than 30%. Chrysler sales slump 53%. Apple's Steve Jobs says that his weight loss is not due to cancer. Crude oil nears $49. President-elect Obama eyes a $300 billion tax cut. What punishment could fit Madoff? The amount of wealth that vanished under the hedge fund operator is roughly equal to that lost to burglars and other thieves in the US over 3 years. Dow up 258 as investors cheer new year Stocks enjoy their best opening day of trading since 2003 -- and ignore the worst report on manufacturing in 28 years. Energy prices rise even as Russia and Ukraine say a natural gas dispute won't cause shortages in Europe. 50 stocks for January StockScouter, MSN Money's stock-picking tool, identifies companies capable of helping investors move beyond a tumultuous and painful year. 12 stocks to jump-start your year Potential buys are out there, even in the current malaise. One good strategy is to let MSN Money's proven StockScouter system narrow your choices. Let's start the new year with a rally Our strategists roll into 2009 on a bit of a roll, and several see signs the worst might be over. Their message: Be hopeful -- and cautious. Dow up 108 as a miserable 2008 finally ends The blue-chip index suffers its worst annual loss since 1931 and third-worst loss ever. Jobless claims rise, but not as much as expected. Mortgage rates continue to decline. Dell is shaking up its leadership. Online holiday sales drop 3%. Wall Street says 'Good riddance!' to 2008 The Dow's 34% loss in 2008 is its third-biggest ever and worst since the Great Depression, as trillions of dollars of wealth disappear and panic nearly wrecks the global financial system. While there are cautious hopes for a rebound in 2009, investors face big headwinds. |