Market Commentary

Sundown of a Theory

David Stockman, President Reagan’s former budget director, wrote an impassioned editorial in the New York Times this past Sunday essentially predicting financial death for the

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Tax Update

The American Taxpayer Relief Act of 2012 was a politically attractive compromise for both parties that addressed the income tax most on voters’ minds but

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Post 2012 Election

The 2012 election re-elected President Obama and did not significantly alter the composition of Congress.  Republicans still control the House while the Democrats retain control

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Debt Crisis

The partisan wrangling over the US debt limit has begun to spook the stock and bond markets.  The US Ten Year Treasury Bond yield increased

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