Market Intelligence

Gregg Ireland, Portfolio Counselor at the American Funds ~     “There are people around the world that a generation ago had no opportunity, that now have a little business. Maybe they bought a scooter in Vietnam; maybe they’re in the western part of China, Africa - which is...

“Win or lose, we go shopping after the election.”    Imelda Marcos The economic recovery from the Great Recession has been frustratingly slow. It’s been especially difficult because our economy usually recovers relatively quickly. Although the recovery hasn’t felt very good, the US economy is now 1.4% larger...

“Uncertainty is an uncomfortable position. But certainty is an absurd one.”      Voltaire Our economy seems fraught with intractable problems.  We are reminded of this daily during election season as both candidates trumpet their ideas on how best to put our economy on the “Path to Prosperity” and...

O. Mason Hawkins, Chairman, and G. Staley Cates,  President, Southeastern Asset Management [caption id="attachment_1171" align="alignright" width="94"] O. Mason Hawkins[/caption] “The second quarter serves as a microcosm of the much broader and longer lasting safety bubble that began inflating in the 2008 bear market. Whether measured by net...

John P. Calamos – Chairman, CEO & Co-CIO, Calamos Investments “As we have written in the past, we are not coming out of a normal recession, and we don’t anticipate a normal recovery track.  As we consider the current environment, we expect that markets will continue...

Stocks leapt out of the starting gate, posting what most would agree was a strong annual return in just one quarter.  Globally, stocks rose 11.3%, whileU.S.stocks, as measured by the S&P 500 Index, rose 12.6%.  Mid-caps, Small-caps, REITs and Developing Markets stocks performed even better,...

Ronald Baron – Founder, CEO & Chief Investment Officer, Baron Funds “What is it they do that is difficult for others to duplicate?  That is a question I always ask about businesses before we invest.  We believe it is not possible for a provider of...

Managers of the Tweedy, Browne Global Value Fund  “There seems to be a pervasive sense of gloom, relentless media coverage of the problems, and suggestions of new problems to come. In a disheartening way, it is somewhat reminiscent of the famous 1979 Business Week article on...