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June 2012 Market Outlook
“The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design”–Friedrich A. Hayek
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April 2012 Market Outlook
We commented in January that “we expect the continued, gradual growth rate of the US (2%-3%) to support an ultimately improved investment climate domestically—but we are convinced we will remain in a low-return environment…”
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January 2012 Market Outlook
By now most of us have read our fill of 2011 post-mortems—but we’re compelled to add a few thoughts of our own before we look ahead, seeking to apply the experience and perspectives gained to our outlook on global markets in 2012.
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October 2011 Market Outlook
This past quarter we’ve witnessed Europe’s fiscal issues finally metastasize into banking issues (Belgium’s Dexia)—long feared—as their politicians, like our own, have made an art form of “kicking the can down the road”.
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