March 8, 2009 by Joe Ponzio

Let me continue this economic discussion, though I also have to get back to a few other topics as well. There is a lot of chatter as to whether we are in a recession or depression. Since November of 2007, Wall Street has been calling bottoms to this market, first…

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March 3, 2009 by Joe Ponzio

In December of 2007, as Apple was approaching $200 a share, you couldn’t say a word about it for fear of backlash from the Apple investment community that insisted it was going to $600 a share. Today, Nouriel Roubini and Peter Schiff are considered gods for predicting the economic turmoil,…

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December 23, 2008 by Joe Ponzio

I have a personal goal – something I’ve been doing for years. Every day, I try to learn something new. I don’t always focus on business or investing (though those are two of my greatest passions). From time to time, I’ll try my hand at something new, and I am…

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October 20, 2008 by Joe Ponzio

There have been some very good comments on What Drives The Stock Market. Today, we posted Will The Markets Be Higher Ten Years From Now? with our thoughts on what drives the stock markets and why investors – in the aggregate – should lower their expectations going forward. Much of…

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October 19, 2008 by Joe Ponzio

On Thursday, I referenced a second letter that we’ll be sending to clients, intending to send it out on Friday. Rather than rush it out, and because it scratches the surface of economics and business valuation, I decided to put it in front of some friends and family to see…

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October 16, 2008 by Joe Ponzio

In business, timing is everything; so, I can only imagine what people thought when I sent out that letter last weekend, the markets ran up 10%, and F Wall Street went offline. The truth is: The company hosting this site cancelled their hosting service without forewarning. I didn’t know for…

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October 10, 2008 by Joe Ponzio

Folks – it’s ugly out there right now. Not just from a market standpoint, but from a global economic standpoint. We put together a nine-page report for investors that are scared, confused, or not sure how to understand or navigate this mess. It is being sent to our clients today…

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October 7, 2008 by Joe Ponzio

The US Government passes a $700 billion bailout (or rescue) package, and the markets continue their spiral down. Financial advisors across the country are shouting, “Stay the course!” (Usually from under their desks.) This crisis is unlike anything we’ve seen in recent history (and perhaps not-so-recent history); so, what should…

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September 22, 2008 by Joe Ponzio

Folks – as you know, I don’t pay lip service to the markets. The Dow dropped and recovered 1,000 points over the past week; and, if you’re looking for that kind of noise, there are plenty of sites out there discussing it. That said, let me paraphrase many investors I…

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March 19, 2008 by Joe Ponzio

Folks, we’re in a recession right now. To paraphrase Warren Buffett, this may not be a recession according to the dictionary definition of the word; still, if you ask the question from a common sense perspective, the answer is painfully clear. During a recession, unemployment generally rises, production slows, spending…

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