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Happy Anniversary!

A year ago today, on September 15, 2008, Lehman Brothers, one of the largest and oldest investment banks in the U.S. filed for bankruptcy, and set off a financial collapse that was felt across the globe. It seems like a…

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The Fading Recession

As we head through summer it appears the recession's grip on the economy is beginning to loosen. Manufacturing and service sector activity has rebounded, bond and credit markets have improved and are functioning again, and leading economic indicators are pointing…

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Can This Last?

What a month! The Dow gained 725 points or 7.28% and the broader Russell 3000 index was up 7.78% for the month. We are breaking through very important psychological barriers that have not been breached since October and November of…

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Independence Day

We hope everyone enjoyed the 4th of July and got an opportunity to enjoy plenty of fireworks, barbecue, parades and baseball with your families. Independence Day represents all that is great about the United States as we celebrate the anniversary…

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Inflation Watch

Consumer expectations for inflation have risen in June, causing some investors and policymakers to begin worrying about inflation again. Inflation expectations have risen to 3.1%, the highest level since last fall. We continue to think these inflation concerns are premature while…

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Change – The One Constant

This week brought the long anticipated bankruptcy filing of General Motors. This century old American company was the leading automaker in the world for over 75 years, and was a long time symbol of American manufacturing and marketing prowess. "What's…

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Markets at Crossroads

The stock market has had an impressive spring rally, responding to signs of an economy on the mend. Market volatility levels have returned to normal, or at least levels that have not been seen since back in September, before the…

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