Friends What a difference a week makes. For that matter, what a difference a few days makes. Last Friday a grumpy Mr. Market let us know that he meant business. After a handful of earnings reports, which began with Alcoa and mixed in a couple of banks such as...
Friends The rating agency S&P reaffirmed the United States debt rating at AAA this morning, but put the U. S. on a negative credit watch. What does this mean? Well, if the folks in Washington don’t address the mounting debt problems in this country then the inevitable outcome would...
Friends, Mr. Market seems a bit grumpy these past several days. Earnings season has begun, and it sure looks like companies are going to have a difficult time pleasing traders over the next couple of weeks. Hitting your numbers is simply not going to be good enough right now....
“In an environment that might have been devastating for markets globally, domestic equities enjoyed a better than 5.5% gain.” 2nd Quarter 2011 Outlook
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