Buy and Hold? Not Necessarily.

On New Year’s Day, Congress and the White House reached resolution regarding the “fiscal cliff,” and the next day the Dow Jones Industrial Average climbed 308 points (2.35%). Those of us in the investment business love to make predictions to show how smart we are. Of course, we aren't always correct with our predictions, but when we…

Twinkies & Ding Dongs

Hardly a day goes by that we don’t get a phone call from someone about the “fiscal cliff”…you know, that period of time beginning January 1 when all the Bush tax cuts expire. None of the calls are from someone trying to reassure us that everything is going to be OK. All of the calls…

Fiscal Mudslide

Just prior to the election four years ago, in my November Investment Commentary I wrote, “The economic issues today...are much bigger than either of the presidential candidates. The loser might be the winner in this election.” I could repeat that statement today except the part about the loser being the winner. I’m confident Mitt Romney…

Vice Presidential Debate – Biden Accomplishes Goal – DON’T LOSE!

The vice presidential debate was not about substance. It was about style. Let’s face it, very few voters, if any, will cast their ballot based on the outcome of any vice-presidential debate. However, after Obama’s lackluster performance in the first presidential debate, a sound defeat of Biden by Ryan would have been a significant setback…

Round 1 – Romney in a TKO

Is it just me or did President Obama decide he didn’t need to prepare for the first presidential debate? I know it’s a busy job being president of the most powerful nation on the planet but what was going on this past week that kept him from rehearsing his responses? Did he think he could…