Dear Clients, Looks like Fed Chief Ben Bernanke won’t be adding to jobless claims anytime soon after all. I honestly had my doubts a few months ago, as signals from Washington suggested that the administration didn’t much fancy reappointing the bearded central banker. But given the recent gains in the financial markets, and an improving [...]

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Dear Clients, This theory (that I’m so fond of presenting here) – that today’s policymakers will make different policy if current policy threatens their popularity and their prospects for reelection – is being put to the test right before our eyes.  The much ballyhooed healthcare reform plan, the details of which will always be a [...]

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August 19th Financial Report

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Dear Clients, In spite of what market history may suggest, most people refuse to believe that, in the eye of a financial storm, the sun will ever shine again (they’ll say that’s not the case, but their actions say otherwise). As I’ve suggested here, many times; “Whatever’s happening at this moment is what’s going to [...]

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Dear Clients, As you’ve no doubt noticed (as you’d expect from a commentary coming from an investment advisor), my weekly theme tends to drift between the market, the economy, the media, politics and market forecasters – with the focus of late being clearly on the latter three. While I probably should focus more on topics [...]

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August 5th Financial Report

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