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Health-Care Bill Said to Add 3.8% Medicare Tax on U.S. Investment Income Democratic congressional leaders would raise to 3.8 percent the Obama administration’s proposed new Medicare tax on investment income to generate an estimated $210 billion to help fund a health-care overhaul plan.

BRICs Rally Slows as Highest Valuations Since 1995 Undermine Record Flows The combination of record mutual fund inflows and the fastest economic growth is failing to lift shares in the largest developing nations with valuations at the highest level versus advanced countries since at least 1995.

Dow Exceeding Bull-Market Midpoint Is `Big Positive': Technical Analysis The Dow Jones Industrial Average yesterday rose above the midpoint of its last bull market in a positive sign for U.S. stocks, according to Richard Russell, who has studied the average since 1958.

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John Dorfman

I rarely buy a stock whose debt is greater than stockholders’ equity, or corporate net worth per share. In effect, that means I won’t give a second look to about one third of U.S. stocks.

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