Entering into the second quarter we have no idea how the market may react and where it may head in the short term. Our view always is much longer than a quarter – three to five years at a minimum. While the market has been performing well, the first quarter earnings reports are sounding a… Continue reading →
Stockman’s Cash Call: Our Response
Readers can find Stockman’s piece here –“State-Wrecked: The Corruption of Capitalism in America” David Stockman, President Reagan’s former budget director, is back in the news with a new book and an accompanying op-ed in the New York Times. The op-ed ran on March 31st on the front page of the opinion section under the… Continue reading →
No news is good news
Earnings season officially kicks off today! The end of the quarter took place over Easter weekend and companies were busy tallying up orders/sales in advance of last week’s pre-announcement deadline. Pre-announcements are always an exciting time, as this is when investors get a sneak peak at who underachieved and who overachieved during the last quarter.… Continue reading →
Advisory industry outlook
Having joined the financial industry in 1987, it’s been interesting to see how the advisory world has developed over the last few decades. While it’s easy to look back and take note of how the industry has changed, it’s important for advisors and investors to also look forward and be mindful of where things are… Continue reading →
Maxed out!
As we’ve discussed previously, uncertainty remains an ongoing theme in the U.S. economy. From the businessperson’s point of view, pitfalls are obvious and opportunities scarce. Weak consumer spending, zero interest rates, confusing health-care and financial regulation and the looming fiscal cliff have combined to knock economic “deciders” into their bunkers. The best evidence of this… Continue reading →
