Earnings to Headlines

As the final corporate earnings reports for 2011 trickle in, we can say with confidence that 2011 was another good year for corporate profits. Corporate profits are very healthy. In fact they have more than doubled since the 1st quarter of 2009. We should be aware however, now that earnings reports are over we will.. read more →

Get Your Taxes Ready for All Star to File

As you are gathering information for your 2011 tax return remember that we don’t need all of your information to get a good start on your return. If you are waiting for just a few items, please send in your information now. We can add the missing pieces later. Not only will your return be.. read more →

FEAR + FUNDAMENTALS = OPPORTUNITY?

The European debt crisis, Washington political gridlock, and slow “new normal” economic growth; as investors we all lived through these market events and realities in 2011. Unfortunately, none of these conditions are likely go to away any time soon. Throw in unrest in the Middle East and a potential nuclear showdown with Iran and you.. read more →

Minimizing Taxes

As the year comes to a close, we are just finishing up with some year-end tax harvesting for our taxable accounts. If we can lock in losses to counter our gains it will help minimize the tax burden this year for you. We do this without being out of the market by swapping your existing.. read more →

Emerging Markets Are Not Europe

We continue to see the Emerging market stocks get beat up as the global economy has cooled and the U.S. and European debt problems percolate every day. We believe that current headlines and TV talking heads are preventing investors from taking the long-term view on this important asset class. So… let’s step back and gain.. read more →

Deleveraging –> Baby Steps For Now!

Leveraging did not occur overnight, and the process of “deleveraging” government balance sheets will not happen overnight either. In the aftermath of 2008, the U.S. government recapitalized banks and invested in our auto companies to prevent a financial meltdown and massive layoffs in our manufacturing base. These investments have largely been paid back in full, with.. read more →

Managing Through Up and Down Markets

During the last 60 trading days, the S&P 500 Index has had 37 days of intra-day price swings of more than 2%. There have been both up days (up 11% since October 4th) and down days (down 18% prior to October 3rd), though unfortunately, more down days as of late. Sailors sometimes need to navigate.. read more →

TIME TO HOLD HANDS AND TALK

Just a quick note to let everyone know that the sun is still shining (somewhere). Seriously though, after another tough week in the market two things are fur sure; 1) The volatility is not going away any time soon and 2) We will not change our discipline. We have stayed true to our discipline of finding.. read more →

Are We There Yet?

Mohammed El-Arian, the Co-CIO of PIMCO Funds, often makes the analogy that investing in the post-Lehman world is like riding in car over a bumpy road to an unknown destination. After rebounding in 2009, stocks have posted healthy gains but have now hit another period of volatility and decline. Investors are like passengers in the back.. read more →

WHY INVESTORS ARE AFRAID AND MAD AS HELL!

FEAR and ANGER are the two dominant attitudes of the average American investor today and rightly so. You are fearful about your future and angry at those who are responsible and not doing anything about it. No two ways about it, the psyche of the average investor today has changed and this could be a.. read more →