March 2012

Rally! Do You Believe?

March 14, 2012

Do you believe the economic recovery is real and sustainable? Those are really two questions, and we suppose someone will want to parse our definition of “real.” The [...]

Healthy Pull-Back?

March 7, 2012

The media were all abuzz following yesterday’s much-anticipated sell-off in stocks. Prior to yesterday’s 1.5% drop, the S&P 500 had gone 44 straight days without a [...]

Was Greenspan Wrong?

March 1, 2012

As I listened to Fed Chairman Ben Bernanke testify to Congress on TV yesterday, I couldn’t help but draw parallels to the early part of the new millennium. Alan Greenspan [...]