Archive for 2011

  • Margin Call

    In a scene from the movie Margin Call, a banker looks out of his car window and says “look at…

  • Markets Briefly Enter Bear Market in 2011 – Investor Anxiety Surges

    Sovereign debt issues have taken center stage to press stock prices down with increased ferocity. The S&P 500 declined 14%…

  • Markets End Flat for the Quarter after Renewed Volatility

    After making sizable moves higher and lower, the markets finished the quarter flat, with the S&P 500 gaining just 0.1%.…

  • Markets Advance 90.5% from 2009 Bottom

    In our April 2009 commentary letter, only weeks after the markets hit the bottom of one of the worst declines…

  • Despite Fears, Stocks Advance in 2010

    Despite an overtly timid mindset among investors, the bulls are the victors for 2010. The market advance in December capped…