Market Update – October 2010
It has been three years this fall since the financial crisis began, and by my estimation, it will be another seven years until we have fully recovered.
Entries by David Matias
Financial Crisis – Three Years and Counting
It has been three years since this financial crisis began. Yet if you follow the news, all the discussion has been around the two-year anniversary of the Lehman collapse and how the world has done since then. If we are to truly understand the nature of this economic malaise, we have to remember its roots – in the […]
Volatility Reigns for Summer 2010
Precious Metals in the Silver Lining On this Independence Day, when Americans headed to the ponds, lakes, oceans and mountains in search of ways to celebrate, the mood of the economy and financial markets was far from celebratory. In summary, we again have had another “worst.” This time it was the worst May since 1962 […]
Down for the Year
The last 14 months have been all about economic recovery and the tremendous gains seen in the stock market. Yet this afternoon we are down 3% on the year after a 4% decline this afternoon. Just two weeks ago, the day before the “flash crash of 2010” we were up 5%, and saw a high […]
Short and Sweet – Status Quo
With the first quarter of 2010 now at a close, I am happy to say that there is not much to report. Certainly there were headlines that will persist for years and decades ahead, the healthcare bill and the potential for default from an EU country (Greece) being the most prominent. Yet from the perspective […]
2010 and Beyond: Change as the Norm
With the stock market up 26% in 2009, one could look back on the year with enthusiasm. Just about every asset class rallied for one of the best general market performances in ages. Gold was up 24%, bonds rallied by 13%, and emerging markets screamed ahead 79%. Wherever you looked, there was money to be […]
Good Luck, Goldilocks
It has been over two months since my last market update and the stock market is just roaring ahead, repairing all the damage from last year’s financial collapse and indicating that the recovery is in full swing. Or is it? In fact, I feel like a backseat driver in the movie, “Thelma and Louise,” careening […]