Step Away From the Ledge

Hi Everyone, As we see the recent increase in volatility continue I want to assure you we are evaluating our next move(s) every day, hour, and it seems like minute. Straight forward, no B.S., this is a governance issue! If our politicians (both sides of the aisle) would have put forth a good, legitimate plan.. read more →

Costs-Do You Want Retail or Wholesale?

At quarter end we took the opportunity to add some new asset classes, change funds that were underperforming, add new fund managers, and adjust our long-term allocations. Essentially, we made changes that we felt were necessary to improve your investment portfolio and adapt to the changing investment landscape. Some of you may have noticed that.. read more →

Japan

We want to let you know we are watching with great interest what is happening in Japan. As most of you know we look at this potentially catastrophic event as if the glass is “half full” not half empty! We look at almost all of these types of events as opportunities. History shows that when.. read more →

Year End Re-balancing

After another solid quarter of corporate profits we are heading into the home stretch for 2010. We take this time to review any positions that may be paying a large dividend or capital gains that we would like to avoid. This year there are none that we feel are large enough to sell and escape.. read more →

The “Wait and See” Economy

The dog days of summer are over, kids are going back to school, but the economy and the stock market still seem stuck, up just slightly since Memorial Day. Interest rates are low, inflation is lower, and stocks are cheap compared to historical averages. So what is holding things back? We seem to be stuck.. read more →

The Great False Choice

The debate is raging among policy makers, economists, and even among members of the Federal Reserve, about whether more stimulus is needed to boost the U.S. economy or whether policymakers should begin focusing on government debt reduction. Olivier Blanchard, chief economist at the IMF, recently wrote on “the great false choice-stimulus or austerity” in the.. read more →

Five Things

We are in the middle of low volume summer trading in the stock market.After last quarter’s pullback, stocks are beginning to gradually move higher again. Recent economic news shows an economy that is still struggling with high unemployment and a sluggish housing market. But 2nd quarter earnings have been good and though corporations have been.. read more →

Moderating Growth, More Volatility

The recent correction of 10-15% in major stock market indexes was ignited by concerns over sovereign debt markets in Europe, but it is also a reflection of moderating growth rate in our economy. The rapid rebound from our recession lows is over, and we expect moderating economic and earnings growth in the months ahead. We.. read more →

The Long and Short of It

Last week the S&P 500 lost over 4% and is now down 12% from its April high. The sell-off has been focused on troubles in Europe, particularly in Greece, and Spain, as well as some of the structural and demographic challenges that the Euro Zone is facing. Instead of being fearful because of the recent.. read more →

Thursday’s Flash Crash and Europe

Last week was a hectic week in the stock market. On Thursday we witnessed a rollercoaster as stocks started strong, fell as fears increased that the sovereign debt crisis in Greece might spread to other areas of Europe. Shortly thereafter we saw the Dow fall almost 10% in just a fraction of an hour, and.. read more →