Market Commentary

Un-Labor Day Thoughts

September 8, 2009

August Unemployment data were released this morning and the numbers were not as bad as expected. The rate of job losses is slowing, and some economists think that the rate of [...]

The Rally Continues…

August 20, 2009

First off, I thought I would share a little good news with you all. Farr, Miller & Washington, LLC ranked in the top 1% of all large-cap growth managers over the trailing [...]

Déjà Vu Rally

August 5, 2009

The S&P 500 bottomed out on March 9, 2009 after falling 57% from its peak in October, 2007. We sincerely hope the March low will prove to be the final bottom in this ugly [...]

Not Bad By Farr

July 23, 2009

The second quarter earnings season is unfolding better than expected. However, our well-voiced concerns over revenue shortfalls are proving well-founded. Currency headwinds [...]

Early Earnings Surprises

July 15, 2009

In our July 1 email blast, we speculated that after a nearly 100% rise in the S&P Financial Index from the March 9, 2009 lows, further strength in the overall market may [...]

Quarter-Ending Thoughts

July 8, 2009

After exceptional lows in March, markets rallied in the second quarter. While the advance was broad-based, the groups that suffered most in the decline bounced most. Banks [...]