There is still no free lunch!

Like so many advisors and investors, we struggle daily with the low interest environment and the search for returns in the fixed income portion of portfolios. The reason people own fixed income historically is to reduce the volatility of their investment portfolio...

A Bumpy Start

January provided a reminder that markets go in both directions. The equity markets dropped and seemed more volatile than they have for many months. While the bears are licking their chops, markets typically have a correction similar to this every seven months or so....

Drats!!! More good news!!

Just in time for remembrances of Scrooge, the market has been faced by a deluge of good news in recent days. A better jobs report, lower unemployment, some positive reports from other countries, and a budget deal to avoid another shutdown have all been in the...

The Market Melt Up???

To say 2013 is a surprising year for US stocks is a pretty gross understatement. The good news is that we do not seem to be slipping back into recession-instead we are experiencing painfully slow improvement in our economy. We are looking at an anemic growth rate for...

Keep your eye on the ball!

We are as baffled as anyone by the sheer dysfunction and stupidity being exhibited by the government at this time. It is natural and probably makes good sense for the market to react to this gigantic failure of those who are charged with acting on our behalf. But, we...