Well that was one heck of a week.  While I certainly was not smart enough to predict the results of the election, it has had a profound impact on my expectations for us as investors.  For the last 7 years, I’ve been one of the most vocal advocates of financial stocks that I am aware...Read More

    “Many that are fallen shall be redeemed, and many shall fall that are now in honor.” Horace 20 B.C. During the late 1990’s, tech stocks reached valuations that nobody could explain. While most people saw the dynamically changing marketplace and felt the extraordinary impact of the internet, traditional valuation metrics such as P/E...Read More

The economic data has certainly got worse and worse and Bill Gross of Pimco believes that the U.S. is approaching a recession.  I believe this secondary recession would have been avoidable if Congress and President realized the gravity of the situation and put on a full course press on promoting economic growth.  You can’t deleverage...Read More