Much has been written about the morality of investing in the stock market, often expressed in terms of an obligation to avoid stock in companies that are engaged in immoral businesses. This can be very difficult considering the wide variety of business activities of major corporations and the diverse stock holdings in modern mutual funds,…
MarketWatch—More than 30 years ago, Philadelphia stockbroker Mark Mulholland bought a sandwich for a homeless man and it changed his life. “He said to me, ‘Whatever you did for one of the least of these brothers of mine you did unto me,’” Mulholland recalls. “Then he said, ‘That is Matthew, 25.’” He pulled a bible…
September 16, 2007 U.S. ECONOMY As the nation’s housing bubble continues to deflate, the general economy remains reasonably robust. U. S. GNP figures for the second quarter showed growth of 3.4%, well above most economic estimates, as consumers and a newly growing export trade (due at least partially to a weaker dollar) pushed growth ahead. To date, the…
