“Capitalism without failure is like Christianity without hell.” -WARREN BUFFETT Why economies fail. Does it ever frustrate you that our political leaders never seem to learn? It certainly exasperates me, yet it’s also a fact that this is a global problem. Our elected… Read More
“A comfortable investor is a complacent investor, and a complacent investor is someone who is about to get his head handed to him.” -MICHAEL LEWITT, distressed debt expert and author of The Credit Strategist POINTS TO PONDER 1. Stocks initially reacted euphorically when… Read More
“There are two ways to be fooled. One is to believe what isn’t true; the other is to refuse to believe what is true.” -SOREN KIEREGAARD, Danish philosopher and theologian CAPE Fear Not? There is an old saying that a man who doesn’t… Read More
“It was a year that made the smart money look dumb.” -WALL STREET JOURNAL REPORTER, JONATHAN CHENG Special message: On Thursday evening, January 26th, we will be hosting the annual Evergreen Capital forecast event. It will be held at the Hyatt Regency Hotel in Bellevue, 10500 NE 8th (the… Read More
“Given the scale of the problems faced by many of the eurozone countries, it is hard to believe they won’t face further periods of extreme stress over the next couple of years.” – ARIF HUSSEIN, DIRECTOR OF ALLIANCE BERNSTEIN’S EUROPEAN FIXED INCOME RESEARCH POINTS TO PONDER 1. … Read More
“In short, the Fed’s actions, rather than helping, are having the perverse effect of destroying the confidence of businesses and individuals and the willingness of banks to loan to anyone but those whose credit is so strong they don’t need loans.” – CHARLES SCHWAB POINTS TO PONDER… Read More
“This is about as serious and difficult an environment as I have experienced in my career…At times like this, it is more important to survive than to get rich.” -BILLIONAIRE INVESTOR GEORGE SOROS. “I have never been as scared as I am now.” -DONALD TSANG, CHIEF EXECUTIVE OFFICER… Read More
“I never give them hell. I just tell them the truth and they think it’s hell.” – HARRY S. TRUMAN, 33RD PRESIDENT OF THE UNITED STATES A Midwinter Night’s Dream. It’s easy to be a dreamer in Hawaii. Between the leisurely pace and the paradise-found… Read More
“We live in what most business commentators call a volatile world. I would argue that when the environment is continuously unstable, it is no longer volatile. Rather, we have entered into a new economic era. It could remain this way for a long time.” -GE CEO, JEFF IMMELT POINTS… Read More
“Somehow, with QE everything, with a zero percent funds rate, with monetary ‘mastery’ from the people in Washington, I think the current system is leeching dynamism from this economy…” -JAMES GRANT OF GRANT’S INTEREST RATE OBSERVER POINTS TO PONDER Papering over our problems. What is… Read More
