I talk a lot about the long term trend toward austerity which is basically about deficit reduction brought home to all of us personally. It is in Europe already and it is headed our way. So the debate should be more…Continue Reading →
And it is the economy. He needs a strong person heading up his economic message. It is not Geithner. If Volker was not so old he would be the man, a take no prisoners type of leader. Obama’s problem is…Continue Reading →
The stock market today is up against that age old dilemma, do you think short term or long term. By now you know that I prefer long term but like to use short term indicators for enhancement of strategies. Short…Continue Reading →
For the moment the markets are just settling back into reality. How you handle this is obviously up to you. I don’t look for a big bear market here but I personally use the old adage, if I cannot be…Continue Reading →
Our 2012 outlook that was posted early this year probably needs to be read again. See front page of main website. While we did under appreciate the upward strength of stocks, especially the techs and Apple in the first quarter,…Continue Reading →
Professor Lazear in the Wall Street Journal article yesterday says that growth has been too slow coming out of the 2008 crash, well yeah. The 72 year business cycle doesn’t happen very often but when the cleanout comes it takes…Continue Reading →
Gold has made two attempts to rekindle it alure since the September 2011 top, but there have been few takers. The gold bulls are upset that Russia sold some of their gold reserves lately, I guess free market trading is not…Continue Reading →
This week we will review where the markets are versus our beginning of the year projections and what the trends are at the moment. We remain in focus on the longer term macro directions and are trying to position our…Continue Reading →