News and Events

• Fourth Quarter 2010 – Commentary
  

  The end of a year is a common time for many to make predictions for the next year. However, making annual guesses about the financial markets should only be made for fun because, as history demonstrates, anything can happen in one year. Furthermore, investing should never be done based on specific forecasts nor be considered in the context of a very short time frame of only one year. Read more

• Third Quarter 2010 – Commentary
  

  One of the most important rights that adult citizens of the United States possess is to elect members of the government at the federal, state, and local levels. Through this process Americans live the principle enshrined in the Declaration of Independence that the people choose the government rather than being subjects of the government. Read more

• Second Quarter 2010 – Commentary
  

  The fierce economic earthquake that shook the world in 2007-2009 seems to have subsided and the difficult recovery period has commenced. But similar to large physical earthquakes, aftershocks are normal and to be expected. Thus we have the problems emanating from Greece and the fears of contagion to other countries. Read more

• First Quarter 2010 – Commentary
  

  The economy continues to slowly repair itself, enough so that the federal government is already laying the groundwork to unwind at least some of the stimulus programs implemented during the 2008 Credit Crisis. We believe the odds favor a continued but muted recovery. Read more

• Fourth Quarter 2009 – Commentary
  

  The Federal Government has continued the massive fiscal stimulus they began in the latter part of 2008. They have directed hundreds of billions of dollars in numerous programs ostensibly to support the banking, housing, and automotive industries. Naturally, these actions have contributed to a commensurate increase in budget deficits. Read more

• Third Quarter 2009 – Commentary
  

  Is the Great Recession over? The financial news media, economists, and politicians are all abuzz about the possibility that the current economic contraction has hit bottom and progress toward recovery is imminent. Maybe that’s true and maybe it isn’t. Read more