Market Update – Fall 2012

The strong stock market in recent months seems to suggest that things are pretty good, while our analysis warns us that serious risks and challenges remain. Here are some of the short-term positives the market has been reflecting: The European Central Bank (ECB) is...

Market Update – Summer 2012

Fueled by the lack of bad news out of Europe, the market continues its climb back to the 2012 high it reached in April. There is hope that fiscal and monetary cooperation in the region could keep the fiscal crisis from spinning out of control. However, recent market...

The Nudge that Roared

What does the end of the Fed’s QE2 initiative mean for the markets and the economy? President Obama’s speech on Afghanistan collected most of the headlines, but Fed Chairman Ben Bernanke’s press conference the same evening was, for some economists,...