Market Commentary

Timely viewpoints on the market and the economic and investment environment.

We Are All Investors Now - April 2016
Plus ça change, plus c'est la même chose - January 2016
They Don't Call it Fall for Nothing - October 2015
Icarus's Wings - July 2015
Systemic Opportunities - April 2015
Unintended Consequences are Here - January 2015
Thinking and Choosing - October 2014
What is a Value Investor - March 2014
Patience and Time - February 2014
Illusions Become Real - January 2014
Babies with Hammers - October 2013
Five Years On - October 2013
Ferocity, Fallibility - July 2013
Gold Price & Investment Update - April 2013
Behind the Rose-Colored Glasses - April 2013
Be Prepared - January 2013
Fear of Falling - October 2012
Encounters with Uncertainty - July 2012
In a Decade - May 2012
What We've Learned - April 2012
Chasing One Rabbit - January 2012
The Pull of History - October 2011
What's Visible from Here - July 2011
From Your Risk Manager, Redux - April 2011
On Japan and Your Investments - March 2011
Optimism, Realism - January 2011
Knowing - October 2010
Beating the Bear - July 2010
Two Plus Two - May 2010
Between Storms - April 2010
The Polar Bear Market - January 2010
Cautious Opportunism - October 2009
Consistency and Balance - July 2009
The Prepared Mind - April 2009
On Change, Your Plans, and Investments - March 2009
Bears and Sheep - January 2009
Lessons from the Madoff Theft - December 2008
Invest in Living November - 2008
If You Are Going Through Hell - October 2008
Problems are Opportunities - September 2008
Front Page News - September 2008
Past is Prologue - July 2008
Finding the Top; Finding the Bottom - April 2008
Up and Down - January 2008
In All Things, Moderation - October 2007
Twice as Fast as That - July 2007
'Whoosh' and 'Whee' - April 2007
From Your Risk Manager - January 2007