Market Perspective for 12/16/11
The Federal Reserve met Tuesday and decided not to do anything. They were probably influenced by a slightly better employment report last week, but more than anything else they know…
Market Perspective for 11/1/11
Economically, not all that much happened in October. On September 30th the Economic Cycle Research Institute (ECRI) said that we were headed for recession based on their leading indicators.[i] Those…
Quarterly Perspective for 3Q11
Summary No two ways about it – the third quarter of 2011 was difficult. The stock market declined all three months. July was the month of the U.S. debt ceiling…
Market Perspective for 9/15/11
I've been trying to put my arms around the financial events of the past two weeks. Clearly the employment picture in the United States is deteriorating. It is more of…
Market Perspective for 8/5/11
The market has been fast all week, meaning that just as soon as you write finish writing something the market changes and what you wrote seems dated. Suffice it to…