2010 Commentaries

September 2010: Addressing the Double Dip Question

ADDRESSING THE DOUBLE DIP QUESTION The developments in the economy over the past few months have struck a noticeably different tone among many economists, investors, and commentators. The question of whether a “double dip” recession has begun is the topic of water cooler conversations across America. The term “unusually uncertain”, […]

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July 2010: What Does the Future Hold?

WHAT DOES THE FUTURE HOLD? Self-confidence can be fickle and capricious. The U.S. had it so good in the 1990s – economic growth, market appreciation, and budget surpluses – and then so bad in the 2000s – wars in Iraq and Afghanistan, flat markets, budget deficits, a financial/credit collapse, and […]

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February 2010: Certainty in an Uncertain World

CERTAINTY IN AN UNCERTAIN WORLD The recovery in the global equity markets is approaching its twelfth month. It was, after all, March 9, 2009 when the Dow Jones Industrial Average hit a low of 6,547. The magnitude of the unexpected credit crisis caused heavy selling of equities globally. To date […]

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