August 26, 2013 Weekly Perspective

August 26, 2013 Weekly Perspective

The Markets Last week was crunch time in the National Football League (NFL). With the 2013 regular season approaching rapidly, NFL teams cut about 700 players from their rosters over the Labor Day weekend. That was a big cut—about a 40 percent drop in player...

Weekly Perspective, August 19, 2013

The Markets Robert Burns, father of fourteen and writer of Auld Lang Syne, once said, “There is no such uncertainty as a sure thing.” Was he ever right! Here are a few sure things: The Federal Reserve intends to reduce economic stimulus by tapering...

A New Twist on a Controversial Issue, August 12, 2013

A New Twist on a Controversial Issue . . . It hasn’t been that long since eminent domain was a topic of conversation in households across the United States. Just after the turn of the century, homeowners in New London, Connecticut tried to stop the city from...

Weekly Perspective, August 12, 2013

The Markets Like the kid who sings loudly and enthusiastically at a grade school concert while wary peers dodge his O Sole Mio arm sweeps, the Federal Reserve has been getting a lot of attention lately. That didn’t change last week. Markets pulled back from...

Weekly Perspective, August 5, 2013

The Markets You say to-may-to. I say to-mah-to. You have to be a careful reader to keep up with the Federal Reserve these days. Last week, the Fed re-characterized the pace of economic growth in the United States from “moderate” to “modest.”...

They Say Actions Speak Louder Than Words! July 1, 2013

They Say Actions Speak Louder Than Words! But that doesn’t appear to be the case when it comes to Federal Reserve monetary policy. For some time, the Fed has been communicating its intention to gradually cut back its bond purchasing program (a.k.a. quantitative...
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