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Private Client Commentary – stimulus package – protectionism

Dear Clients, Man – it feels almost like election season all over again. All eyes are on Washington, and everyone and his uncle has an opinion about the proposed economic stimulus plan. The house just passed President Obama’s package, although it looks somewhat different than what he went in with (noticeably less in tax cuts) [...]

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Marty Mazorra’s July 22nd Financial Report (Video)

July 22nd Financial Report

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Marty Mazorra’s July 15th Financial Report (Video)

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Silver Linings

Dear Clients, According to those who track these things, we’re living the worst recession since the Great Depression. And while this may be an undeniable truth (statistically speaking); I’m thinking maybe we should reserve final judgment until we’re at least into the next expansion. Not that (statistically speaking) anything about this recession will change, but [...]

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Party’s Over

ParUnfortunately folks, the party’s over. After a very nice rally from early March the market has stalled, big time. Obviously the investing public got a little ahead of itself with all the talk of a second half of the year recovery. The economy continues to struggle in spite of the Fed’s mammoth monetary stimulus – [...]

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Party’s Back On

Dear Clients, Halleluiah, the party’s back on! What a week last week turned out to be. It started with Goldman Sachs handily beating Q2 estimates, followed by Intel, J&J, etc. Then out of the blue, Merrill Lynch called the recession over as of June 30. The Dow ended the week 576 points (7+ %) higher [...]

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