I would like to take a moment to acknowledge yesterday’s events, both on a local level and with a broader perspective. First of all, to the best of our knowledge everyone within the Vodia community is safe and sound. We thank all of you who reached out to us in the past day – while […]
It is nice to see the winter finally start to come to a close, with daylight savings restored this morning, the foot of new snow in my front yard notwithstanding. Less pleasant that the onset of spring is the reaction to Friday’s unemployment figures. I fear that we are seeing a repeat of the market myopia that so widely devastated portfolios in the last financial […]
I am going to make a bold statement here: I declare 2012 the least interesting year since 2006 – at least from a markets perspective. The stock market went up. The bond market went up. Commodities went up, a little. And more importantly, there were no market calamities. We have had a financial disaster every […]
Post Election Hopes As I sit here on the morning after, there are a number of very important points that come out of the results from last night. Most important, the difference in this election from four years ago is a stark one. While I am no political pundit, it appears that the Obama campaign […]
Thus far the first half of the year has kept up to expectations. The first part of the year was a straight run up in the equity markets. Unemployment in the US has remained exceptionally high and isn’t coming down, the global economy is still suffering from a dramatic hangover and the euro threatens to […]
Spring Is Here and the Birds Are Chirping This was quite a remarkable quarter: the stock market was up 12.6%, Apple just declared a dividend pushing it above $600 per share, and I hear birds chirping from my window. Markets around the world are going straight up – what could be wrong in the world? […]
Overview of 2011 While I am certain to be accused of using clichés in the past, I am somewhat loathe to the majority of them. In particular, the “roller coaster” ride of market volatility is used again and again and again anytime someone has a bad day in the stock market. Well, despite my greater […]