Apple Drops to 11-Month Low on Reports of IPhone Cutbacks

We all know Apple (AAPL) as the giant that has brought us sleek looking and innovative performing technology. However, Apple's famed iPhone has come to a stand still on sales and has been cutting orders from its manufacturers. Since over forecasting, Apple has seen a major decline in equity; record breaking 11-month low.

This article looks back at Apple's most recent actions and how it could have effected the equity drop-off.  One of many thoughts is Apple's shortening product cycle. As well as observing the harsh competition between Google (GOOG) and the slow come-back of Research In Motion, Inc (RIM).

Obama says US has Stake in Indonesian Democracy, Prosperity

President Barack Obama said the U.S. has a stake in Indonesia’s continued growth as a market for American goods and as an ally in spreading democracy.

In a speech to an audience of about 6,000 people at the University of Indonesia in Jakarta, Obama said Indonesia’s “extraordinary democratic transformation” and its religious tolerance stand as examples to other emerging economies.

“America has a stake in an Indonesia that is growing, with prosperity that is broadly shared among the Indonesian people,” Obama said, “because a rising middle class here means new markets for our goods, just as America is a market for yours.”

Is this true proof that our economy has recovered that we are now showing higher production and export levels, and are even assisting in the growth of foreign markets?

Slumping Housing Market Offers Alternative Investment: Apartment Buildings

With a struggling housing market, this article offers a unique view into an alternative way to invest in the market...Apartment Buildings. It's been found with landlords that people are a bit more reluctant nowadays to move into houses, and are moving closer to cities and choosing apartment life. This is a win-win for both buyer and seller as the landlords are buying the properties for cheap and getting very high returns on them, and at the same time, the tenants are getting the type of housing they want at a good price.

Home Prices Down Again

Prices fell again on homes in the US for the second straight month in July, as the mortgage loan companies Fannie Mae and Freddie Mac both saw losses for the month. Being the second month that this has happened, are these signs of a double-dip recession with the overall "slow-but-steady" growth in domestic markets? Or just a continuation of the recession that has been going on for a couple years?

Gold Rush Back Again in the Western US?

A prime example of the effects of our economy, a small construction business owner named John Brewer who lost his job as a result of our sour economy, found income through one of the oldest pastimes of the "Old West." Prospecting for gold. Through everything with our economy, gold (XAU=X 1268.65 -0.13%) has steadily rose in price and has kept a very high value and shows no signs of falling. At 1268.65, an ounce of gold is quite a "pretty penny" in the eyes of those struggling to keep their small businesses up on their feet, or their own lives stable. Though incredibly old-fashioned, prospecting has become a simple way to make a quick buck as it is rarely government-regulated outside designated mines and areas. This gives people a unique opportunity to gamble time away from their businesses and work that they may have lost to do what built up wealth in the West, searching for gold. When asked the prospectors find their gold, the only response that anyone could get from someone who knows what their doing is, "That's like asking an angler where his secret fishing spot is."

Warren Buffett: "No Double Dip Recession"

Speaking today by video to the Montana Economic Development Summit, the AP quotes him as telling those attending: "I am a huge bull on this country. We are not going to have a double-dip recession at all. I see our businesses coming back across the board."

Bloomberg feels the same way, in that all businesses are making a slow comeback and we should not be faced with any deflationary period that the double-dip recession entails. It seems that the general feeling towards the economy through some of our top economic figures in this country have no real concern for our ailing economy and see it getting better in the foreseeable future.