by admin | Jan 3, 2013 | Archives, Capstone, Changing Times
By Ted Schwartz We begin the New Year with a market surge due to clearing the lowest hurdle imaginable. The “Cliff” agreement pleases almost nobody and solves almost nothing. Yet, the markets are right to rejoice this very small step. My belief is that the vote really...
by admin | Dec 26, 2012 | Archives, Capstone, Changing Times
By Ted Schwartz Well, it turns out the world did not end on December 21. Shocking, isn’t it? So, we have to look ahead to what we might expect in 2013. Dr. Doom here is actually mildly optimistic. We are not in the business of forecasting, but we think taking the...
by admin | Aug 5, 2012 | Archives, Asset Change, Capstone, View on Market
By Ted Schwartz If you tune in to politics recently, you are encouraged to take sides in a false dichotomy. You are asked to choose between the people who believe in the free market and the people who believe in government (AKA “Socialism”). This is an absurd choice...
by admin | Jul 18, 2012 | Archives, Capstone, View on Market
By Ted Schwartz and Kevin Starkey Bill Gross has always been one of the few voices that we at Capstone believe is worth listening to. The world’s largest fixed income manager got that way through solid performance over decades. His thinking is usually lucid and...
