Tag 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 economy remains sufficiently weak that the Federal Reserve has postponed any further interest rate increases until at least next year. One of the complicating factors was the recent vote in the U.K. to leave the European Trade Union. The … 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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America has conquered its debt crisis with incredible speed

By Ambrose Evans-Pritchard12:06AM BST 24 Apr 2014 Americans are purging their excesses one by one. Spending by the US Federal government has seen the steepest drop as share of national income since demobilisation after the Second World War. Claims that … Continue reading

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