When Politics Outweighs a Cure

by Laura Ehrenberg-Chesler on February 4, 2016 in Healthcare

A few days ago the “Wall Street Journal” published an editorial in defense of pharmaceutical and biotech companies that develop life saving drugs. The “WSJ” was defending these companies against the recent onslaught of criticism by politicians, many of whom are currently running for office. The gist of the article states that “You can’t make […]

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Europe’s Three Interlocking Crises – from Geopolitical Futures

by Marilou Long on January 26, 2016 in Banks

  George Friedman, the founder of Stratfor, has started a new firm called Geopolitical Futures.  It is a subscription service, but you can sign up for a free email distribution list.  From today’s Reality Check email: Prince Klemens von Metternich, the architect of the European continental system that emerged after Napoleon’s defeat, once remarked that […]

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Oil, The Dollar, Supply and Demand

by Laura Ehrenberg-Chesler on January 14, 2016 in Commodities

For the first time since 2003, the per barrel price of oil breached the $30 mark on January 12th. There are several contributors to this current phenomenon. Because oil trades in dollars, the recent strength in the dollar has been a significant contributing factor to the price decline. In addition, the often talked about “shale […]

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This is Ground Control to Major Tom

by Marilou Long on January 12, 2016 in Tribute

David Bowie just passed away at the age of 69 after battling cancer for eighteen months.  Two of my favorite songs are his collaborations with Queen on “Under Pressure” and with Bing Crosby on “The Little Drummer Boy”.  While I love his work as a musician and actor, I didn’t know that he was a pioneer in the world […]

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Trust in Congress is at a Record Low

by Marilou Long on December 21, 2015 in deficit spending

When you read this article from the New York Times on the omnibus spending bill that passed last week, you will have an even lower opinion of our elected leaders.  From the linked article: As congressional leaders were hastily braiding together a tax and spending bill of more than 2,000 pages, lobbyists swooped in to […]

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Rout in Junk Bonds Continues

by Marilou Long on December 15, 2015 in Bonds

Junk bond spreads have been gradually widening since last spring due to the sell off in oil, but the decline accelerated last week with the news that a Third Avenue Focused Credit fund was going to freeze withdrawals while it winds down.  From the linked WSJ article: On Dec. 10, the day the firm announced it was […]

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November ISM Disappoints

by Marilou Long on December 1, 2015 in Economic Indicators
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“What am I thankful for? The next five minutes.” from Joe Terranova on CNBC

by Marilou Long on November 24, 2015 in lifestyle

From Joe’s video: Recently, I celebrated my 49th birthday. For some people, they are blessed with the perspective of appreciating the next five minutes at a much younger age. Unfortunately, for most of us, that perspective generally appears later in life when either confronted with some form of adversity or our own mortality. Last Thanksgiving […]

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Crossvault Receives “Top Guns” Ranking for Second Quarter in a Row

by Marilou Long on November 19, 2015 in Crossvault News

During a period when market conditions remain challenging, we are pleased to announce that we have been named “Top Guns” by Informa Investment Solutions (IIS) PSN database in the US Balanced Universe in the 2 Star category for the quarter ending September 30, 2015.  Each category recognizes the ten top performing managers for a specific […]

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