I’ve been saying that the U.S. dollar is on course to follow the British pound into the abyss. Here’s an amusing video from last week of Daniel Hannan scolding British Prime Minister Gordon Brown in front of the eyes of the world.
You've probably heard me say, "Our best offense is a strong defense of fundamentally superior stocks." In light of all the recent market gyrations, this statement rings even more true as the current third-quarter earnings season heats up. Today, I'll review three prime defensive plays that have just reported earnings, and my current advice for each stock: