Fourth Quarter Review…

Fourth Quarter Review…

FOURTH QUARTER REVIEW… The Federal Reserve pulled the trigger. At the December Federal Open Market Committee meeting, the Fed finally acted, tightening monetary policy by raising the funds rate from 0.25 percent to 0.50 percent. It’s important to remember the Fed...
The Renminbi Comes Of Age

The Renminbi Comes Of Age

China Throws a Quiet “Sweet 16” party Next year, China’s renminbi (a.k.a. yuan) will join the U.S. dollar, euro, yen, and pound, when it is added to the International Monetary Fun (IMF’s) Special Drawing Rights (SDR) basket – a supplementary...

Are We Witnessing the Death of the Bull Market?

“Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria.” — Sir John Templeton If he was right, investor sentiment seems to support the idea the bull market may be around for a while. The American Association of...
IMF on Retiring Public Debt

IMF on Retiring Public Debt

When a government has a lot of debt, is it better to implement an austerity plan and pay the debt down? Or, take advantage of low interest rates and invest in the country? Since the financial crisis, countries around the world have racked up a lot of debt through...

Weekly Perspective June 27, 2011

The Markets There was good news and there was bad news but, by the end of the week, a wave of pessimism had swept gains away, causing markets to finish lower. In the good news department, Greece adopted an austerity program that made it eligible to receive financial...

Weekly Perspective, June 20, 2011

The Markets Like a computer owner who successfully reboots after experiencing a blue screen, investors heaved a sigh of relief on Friday as the Dow Jones Industrials and Standard & Poor’s 500 Indices eked out gains for the week ending six straight weeks of losses....