We’re Off to a Slow Start.

We’re Off to a Slow Start.

December is usually the best month of the year for the stock market. It has been since 1950, according to Randall Forsyth of Barron’s, but not so far this year. Two issues made investors particularly uncomfortable last week which helped trigger a sell-off that pushed...
Market Downturns are Not a Destination.

Market Downturns are Not a Destination.

Markets and economies are cyclical. For instance, from 1945 through 2009 (the start of the current expansion), the United States experienced 11 economic cycles. The average recession lasted for about 11 months and the average expansion persisted for about 58 months,...

Weekly Perspective August 8, 2011

Brief Summary of Our Extended Comments A last minute deal staves off a U.S. default. Standard & Poor’s downgrades U.S. credit rating from its long-held AAA. Dow Jones Industrial Average now in correction territory with a 10 percent decline from its April 29...