Weekly Perspective, September 23, 2013

The Markets We’re going to do it . . .We’re going to do it . . .We’e not going to do it . . . Yet. Last week, the U.S. Federal Open Market Committee gave stock markets a gift that, on a scale of thrills, might have been on par with Marilyn Monroe...

Weekly Perspective, September 16, 2013

The Markets Baseball great Yogi Berra once said, “In theory there is no difference between theory and practice. In practice there is.” He may have been on to something. Last May, Fed Chairman Ben Bernanke introduced the idea the Fed’s economic...

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...

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.”...