The Fed has played a very important role in stabilizing our economy and financial systems, and it continues to do so today. However, the economy and markets will only return to a healthy state when investors shift focus from anticipating government’s next move to anticipating organic improvement in corporate earnings. Read More
Federal Reserve intervention in the economy has profound implications for not only the prices of goods and services, but also financial assets. Read More
Although most of the other troubled European countries may not have the same degree of tax evasion and nepotism that Greece has, each of these countries will be forced to implement painful reforms that are likely to endanger the jobs of many European politicians. Read More
Movies are filled with nail-biting moments of split-second disaster aversion. We hope that many of the world’s more difficult dilemmas will also be met with similar Hollywood-style happy endings. Read More
It’s easier to celebrate Thanksgiving in Washington, DC - not only are we surrounded by the symbols of liberty and democracy, but the politicians all leave for home. Peace and dignity settle on our stunning parks and monuments, and residents are reminded that this is a magnificent place. Read More