1Q12 Quarterly Perspective
Summary Once again, most of what could go wrong for the global economy did not go wrong. Investors began to accept the idea of a U.S. led expansion and pushed…
Market Perspective for 4/12/12
Unemployment Friday’s report was disappointing. A net gain of 120,000 jobs with no prior month upward revisions is bringing back the idea of a mid-year slowdown, much as we saw…
Market Perspective for 2/14/12
The Economy The economy continues to improve, if slowly. 243,000 new jobs were created last month, continuing the positive trend. Investors are showing a fairly significant increase in confidence, enough…
Quarterly Perspective for 4Q11
Summary As is so often the case with stocks, a very bad quarter was followed by a very good one. Last quarter the stock market rose close to +12%, not…
Market Perspective for 1/12/12
Last Friday’s unemployment report was stronger than expected. 200,000 new jobs were created last month, and the overall unemployment rate declined to 8.5%. While that figure omits the people that…