Weekly Commentary November 30, 2009

The Markets Two steps forward, one step back might be an appropriate description of the financial markets these days. We started the week on a good note as the National Association of Realtors said existing home sales rose 10.1% in October to the highest seasonally...

Weekly Commentary November 23, 2009

The Markets Would you willingly give the government your money and expect nothing in return? Last week, that is exactly what happened. Treasury bills maturing in January 2010 actually yielded -0.01% last Friday. The last time interest rates were negative was at the...

Weekly Commentary November 16, 2009

The Markets Can Sir Isaac Newton’s first law of motion help explain the continuing surge in the stock market? In 1686, the great mathematician and physicist first presented his three laws of motion. The first law stated that, “Every object will remain at rest or in...

Weekly Commentary November 9, 2009

The Markets Take your pick – gold surging past $1,100 an ounce, the jobless rate hitting double digits, Warren Buffett’s, “all-in wager on the economic future of the United States,” a 3.2% rise in the S&P 500 index – there was something for everyone last week in...

Weekly Commentary November 2, 2009

The Markets Have we solved the problems in our economy or just postponed them? Last week, the government announced that third-quarter GDP grew a solid 3.5%. That was quite a relief coming off four consecutive quarters of negative growth. Gains in the auto and home...