Market Perspective for February 26, 2013
A few thoughts about the various asset classes: Stocks Occasionally we hear the old saw, “It’s not a stock market, it’s a market of stocks”. This is designed to…
Quarterly Perspective for 4Q12
Summary Asset prices improved in the 4th quarter for the most part, but the list of winners and losers changed quite a bit from earlier in the year. As risk…
Market Perspective for 1/16/12
The fiscal cliff deal reached on New Years’ Eve helped stocks extend the rally that began on November 16th. U.S. stocks have regained all of the +7.5% they dropped after…
Market Perspective for 11/26/12
Stock Market Perspective Domestic Stock Market The proximate cause of the recent market declines seems to be the “fiscal cliff” or the combination of tax increases and government spending cuts…
Quarterly Perspective for 3Q12
Summary Markets were surprisingly strong last quarter as fairly lackluster economic numbers brought about global central bank intervention. We have been in an unusual situation where “good is good” (meaning…