April 6, 2010
On The Cusp of Sustainable Growth
One year ago, as the economy was in the depths of the recession and the stock market made the low for the decade, a frequently asked question had to do...
Insights
January 13, 2010
Banks Brace for Bailout Fee
Here we go again... Today Bloomberg.com and the Wall Street Journal are reporting that the White House and Congressional leaders are considering to hit the banks with a fee due...
December 30, 2009
The Next Victims of This Economy
December 30, 2009: The next six months will reveal how severe the next wave of credit risk really is. We know that a second round of delinquencies and foreclosures related...
November 23, 2009
Moving to Where the Market is Going
November 23, 2009: It was the great hockey player Wayne Gretzky who was once asked, “What do you attribute to being one of the greatest players in hockey?” Gretzky replied,...
November 3, 2009
The Magic of Dow 10,000
November 3, 2009: With the improving economic backdrop, equity markets have continued their strong rally. The Dow Jones Industrial Average, which bottomed intra-day at 6,440 on March 9, 2009 has...
October 20, 2009
Is Our Government Too Big To Fail?
October 29, 2009: We have spent the last twelve months as a country debating the question, “Are there companies that are too big to fail?” I think we have clearly...
October 19, 2009
Monday, October 19, 2009 or A Revisit of 1987?
October 19, 2009: On October 19, 1987, I watched painfully as the stock market crashed down by 500 points. In my past 28 years, I have experienced these types of ...
September 11, 2009
The Stock Market Rally says the Economy is back on Track. Do you believe it?
September 11, 2009: “So goes August, so goes the market.” In my 28 years of being in the industry, I’ve never heard that the month of August determined the stock...
September 10, 2009
The Collapse of Lehman Brothers One Year Later
September 10, 2009: It is hard to believe that a year has gone by since the collapse of Lehman Brothers investment firm. Years from now, historians will still be evaluating...