Weekly Commentary May 26, 2009

The Markets One key to an economic recovery is a thawing of the credit freeze. Let’s look at three indicators that suggest we’re making some progress in this area. First, the LIBOR is coming down. LIBOR stands for London InterBank Offered Rate and it is the interest...

Weekly Commentary May 18, 2009

The Markets Warren Buffett has said his favorite holding period is forever. Does he follow his own advice? Buffett’s Berkshire Hathaway recently posted its worst quarterly loss in more than 20 years and a big chunk of that was due to what Buffett called a “major...

Weekly Commentary May 11, 2009

The Markets Would you agree that the stock market has been volatile in the last six months? As you may have guessed, that’s a bit of a trick question. Most people would say that, yes, the stock market has been very volatile since early November 2008. For example, just...

Weekly Commentary May 3, 2009

The Markets Set the bar low and then step over it. That idea helps explain why the S&P 500 index has jumped 30% since its March 9 low, according to Barron’s Magazine. By early March, investors were quite pessimistic about the outlook for corporate earnings...