Economy

There has been consistency in the markets since March, 2009 that we see as overly exuberant. Now late 2Q/2009 investment decisions revolve over whether markets ……Read More

Many have chronically been focused on reduced U.S. importance. Our focus has been on the relative importance of U.S. politics. Now, into June 2009, our ……Read More

While near term equity recovery appears too rapid and corrective pressures persist, markets no longer seem tone deaf. After skepticism over unprecedented fiscal and monetary ……Read More

Conundrums in capital market valuation are tolerable. However, willful distortions (a temptation particularly in long government bonds due to their role in mortgage markets and ……Read More

Irrespective of style, investors now need glean whether their portfolio teeth have run ahead of the tail of support. In military strategy, on a bridge ……Read More

Epic ebb already exists. Crucial is separating thorough flow from periodic spurts with tenuous capital markets. Even anticipating a new cycle from late 2009, to ……Read More