September Market Commentary

September started out great and ended with a whimper. The market as measured by the S&P 500 reached an all-time high two weeks ago when the S&P closed at 2011. Subsequently we have corrected 4% on an intra-day basis. Most pundits have been calling for...

2013 is in the Books- What can we do for an Encore?

2013 turned out to be a banner year for equity investors. As the nearby chart illustrates, most domestic equity indexes were up by 30% or more, International Developed Indexes 20% or more, while developing market indexes, for the most part, had slightly negative returns. Bonds...

State of Affairs – Our Perspective

Most likely you are asking the same question we are. What is going on in Washington? And how and when does it end? We clearly have an acrimonious situation in Congress that has caused a government shutdown.  Coupled with the looming debt ceiling deadline of...