



By Peter Vincent Pry
Hardening infrastructure will be key to minimizing the threat
Independent voices from the TWT Communities

A drop in oil prices and strong bond auctions in Europe drove stocks to a slightly higher close Thursday.
The Federal Reserve said Tuesday it had paid $76.9 billion to the U.S. Treasury from its estimated 2011 earnings, mainly income from interest collected on a range of securities.

The stock market offered a reminder Friday that even if the U.S. job market is improving, there's plenty to worry about elsewhere in the world.

Stocks rose sharply Tuesday in the first trading of 2012 after investors returned from the holiday and found encouraging economic reports from the United States and around the world.

A downward revision of U.S. economic growth in the third quarter sent stocks lower Tuesday. Higher borrowing costs for Spain also renewed worries about Europe's debt crisis.

Stocks soared Thursday morning after European leaders agreed on a deal to slash Greece's debt load and prevent the debt crisis there from engulfing larger countries such as Italy. Stronger U.S. economic growth and corporate earnings also drove markets higher.

A week ago, markets were soaring on hopes that a fix for Europe's debt crisis was near. On Monday, stocks had their worst drop in two weeks after German leaders cast doubt on how fast that process would be.

Republican presidential candidate Mitt Romney accused the Obama administration on Monday of jeopardizing the very manufacturing jobs the Democratic president plans to promote when he visits an aluminum plant in Iowa.
The Dow Jones industrial average lost more than 100 points Tuesday after Japan raised the severity of its nuclear crisis and Alcoa Inc. reported disappointing sales. A drop in oil prices — to $106.25 a barrel — pulled down energy stocks.
The Federal Reserve's second-highest ranking official on Monday said the economy is not strong enough for the Fed to begin tightening credit, countering a vocal minority of members who argue the central bank's stimulus programs are contributing to higher inflation.
A light trading day on Wall Street closed with slight gains for major stock indexes.
Just as we must keep on the lookout for solid investments, we must keep an eye peeled for those events that may give rise to new product announcements, strategic shifts or an update to a company's outlook.
Kentucky wide receiver Randall Cobb said deciding whether to enter this year's NFL draft has been more difficult than when he selected the Wildcats over Tennessee.

The Dow Jones industrial average fell below 11,000 for the first time in nearly a month Tuesday as worries mounted about inflation in Asia and as European leaders met to discuss a bailout of Ireland.
With little in the way of economic data for the first part of this past week, it comes as little surprise that corporate earnings took center stage.

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