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 […]Read More
WHAT A DIFFERENCE A YEAR MAKES The end of the third quarter marked the first anniversary of the cataclysmic failure of Lehman Brothers and the collapse of the credit markets. There are a number of significant dates in everyone’s life that warrant reflection, renewal, and often resolution. New Years, Anniversaries, […]Read More
WHAT HAS CHANGED? It is Spring. The grass is showing green, trees are showing leaves, new growth is upon us, and most of us are feeling better. Following the September 15, 2008 Lehman Brothers failure, the economy and the securities markets experienced six very negative months. In fact, the first […]Read More
A LOOK AT THE CONSUMER Last week, we attended the 2009 CAGNY Conference. CAGNY, the Consumer Analysts Group of New York, is the only independent investment conference of its kind and features presentations from twentyeight Chief Executive Officers and/or Chief Financial Officers from companies in the food, beverage and consumer […]Read More
SANTAYANA AND 2009 It is interesting how the ending of one year and the beginning of a new one affects our thinking. We give ourselves permission to turn the page and start afresh; 2009 is certain to be one of those welcomed new starts. Paraphrasing one of my favorite quotes […]Read More
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