Why the Market Multiple Will be Higher in 2011

Market relationships differ depending upon the time frame.  Right now, higher bond yields are bullish for stocks.  This article explains why. The most important question for equity investors relates to rising interest rates and the implications for stocks.  Nearly everyone (including us) agrees that long-term rates are moving higher.  That has been the recent move […]

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Revisiting 2009: Preserving Wealth and Creating Wealth

Investors have very different needs and concerns.  Broadly speaking, I classify people between those more interested in preserving wealth and those trying to build wealth.  There are other considerations, but that is a good place to start. Many investors of both stripes now wish they had bought the market in the Spring of 2009.  As […]

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Market Outlook: Fundamentals versus the QE II Distraction

There have been many recent reports about those waiting for a market pull back.  After all, we have seen two strong months and some investment and hedge fund managers may feel under-invested as year end approaches.  Those of us with new accounts have been looking for a good chance to buy, and feeling some frustration.  […]

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