Category Archives: growth

Quarterly Outlook Summary

Pessimism is growing about the future direction of the markets as is speculation that valuations have become too high. These sentiments are not uncommon in strong markets. Sometimes it’s called climbing a wall of worry. The common ingredients for a … Continue reading

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2016 Year-end Summary

Last year the economy and the markets performed moderately well. The economy has now weathered two interest rate increases from the Federal Reserve. They see the economy growing moderately with low inflation and steady growth. Inflation is low and slowly … Continue reading

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Quarterly Outlook Summary

Our accounts have been performing very well this year largely due to two of our major holdings, Amazon and Oclaro. While these began as quite modest positions, they have grown sufficiently that they are both quite large in our standard … Continue reading

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Quarterly Outlook Summary

The markets and the economy continue to muddle along although with some volatility. Even though the Federal Reserve has raised short-term interest rates one notch, longer term rates surprisingly declined slightly. Try as they might, the cannot generate any inflation … Continue reading

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What’s holding back the recovery?

By Adam HershApril 30, 2014 Nearly five years since the start of the business-cycle expansion, the U.S. economy is still struggling to gain traction. Compared to the prior three U.S. expansions, going back to 1982, the economy is recovering at … Continue reading

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Quarterly Outlook Summary

The choppy markets continue to perform well based upon earnings improvements and an anticipated accommodative Federal Reserve. Inasmuch as inflation remains nearly nonexistent and deflation continues to lurk, there is little more that the Fed can do other than to … Continue reading

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