Newsletter Q3 2012
/in Commentary, NewsletterAfter experiencing a 10% correction in the second quarter, equity markets rebounded sharply and largely ignored a multitude of concerns such as the global economic slowdown, the European sovereign debt crisis and growing tension in the Middle East. The resilience in equity markets was evident as international stocks outpaced domestic stocks with developed markets +6.9% […]
Newsletter Q2 2012
/in Commentary, NewsletterAs we mentioned in the last newsletter, an unsurprising correction (a 10% drop in the S&P 500 from its 2012 highs) occurred in the second quarter. The main causes of the pullback were increasing evidence of slower global economic growth and sovereign debt concerns spreading to Spain and Italy with 15 Spanish banks downgraded recently […]
Newsletter Q1 2012
/in Commentary, NewsletterAs we have said over the past several years, we still maintain a constructive view of stocks and would pursue adding quality names possessing good balance sheets on weak overall market performance. That said, we will be carefully watching the earnings quality and margin strength during the reporting period of the upcoming weeks. We anticipate […]
Newsletter Q4 2011
/in Commentary, NewsletterAs we enter a new year, we thank you for your patience through these difficult times. We are a few years into the post-crash recovery. While it is a tepid recovery at best, this low degree makes some sense. Through debt, our country and several others have tested and explored the limitations of leverage and […]
Newsletter Q3 2011
/in Commentary, NewsletterWe expect the elevated volatility may be with us for a while – with European debt crisis, economic recession fears and the Washington D.C. stalemate and Presidential Election results. Although this will be unsettling, we believe that this will provide us with attractive investment opportunities…
Newsletter Q2 2011
/in Commentary, NewsletterWe recommend staying committed to your long-term strategy and if appropriate gradually increasing your equity allocation. If the market pulls back further from these levels, we would accelerate the process in a disciplined manner…
Newsletter Q1 2011
/in Commentary, NewsletterMarkets rarely make tops in times of negativity but in times of euphoria…
Newsletter Q4 2010
/in Commentary, NewsletterGlobal equities finished 2010 on a very strong note led by US stocks which generally outperformed international stocks for both the quarter and the year. US mid cap and small cap stocks outpaced large cap stocks for the quarter and year…
Newsletter Q3 2010
/in Commentary, NewsletterWe believe this is an opportunity to own stocks at levels that have not been seen since the early 1980’s and any market dip should be used as a buying opportunity…
Newsletter Q2 2010
/in Commentary, NewsletterIs this a repeat of 2008? We don’t think so! This is a time to increase equities…