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 I was blessed with that discovery, although initially it appeared to present itself in a rather ominous way. It began two days before Thanksgiving during a pre-examination for a colonoscopy. The following day, an abdominal scan confirmed a baseball-sized mass in the right lobe of my liver that was “suspicious for primary or secondary neoplasm.”

As you can imagine, Thanksgiving was, well, let’s just say unique. In the weeks that followed I tweeted ” Want to measure your wealth? Next time life places you in the “fox hole,” look around and see who has jumped in to help you. That’s your wealth.” So, as I share this story I will not cite the names of those who helped me, but let’s be clear: I found out just how incredibly wealthy I really am. I have hugged those who helped me many times over the past year.


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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Wealth and Complacency in Europe

by Laura Ehrenberg-Chesler on November 17, 2015 in Geopolitical

The partners here at Crossvault have been debating the likelihood of a recession in Europe which would then spill over to the United States, where we have had some growth, albeit very slow. In today’s “Wall Street Journal” the “Notable Quotable” quotation is from historian Niall Ferguson, the title of which is “As Europe’s wealth […]

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Warning….Not a Business Post Today

by Laura Ehrenberg-Chesler on November 12, 2015 in Geopolitical

We usually post news about something going on in the business world or that affects the economy, now or potentially in the future. However, I read an article this morning in the “Wall Street Journal” that I feel deserves to get some attention. It is about the atrocities being committed by ISIS towards women and […]

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Politicians Silent on Oil Industry’s Windfall Losses – WSJ

by Marilou Long on November 6, 2015 in Energy

  The Wall Street Journal has an editorial today about the silence in Washington after the price of oil has fallen by over 50%.  From the linked article: A funny thing happened in Washington as oil prices have fallen by more than half since the summer of 2014: Nothing. No calls to hang speculators. No […]

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Rick Santelli on Patriotism and U.S. Tax Policy

by Laura Ehrenberg-Chesler on November 2, 2015 in Economic Indicators

Rick Santelli is my favorite CNBC commentator. He is insightful, smart and often funny. His video today about how regulation and tax policy are hindering growth in America is classic Santelli. Enjoy.

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Government Shutdown Averted

by Marilou Long on October 27, 2015 in deficit spending

  Congressional leaders have reached a tentative deal with the White House to raise the debt limit and set the budget for the next two years.  The deal looks very political to me.  From the linked article: The House could vote on the deal as early as Wednesday, and the legislation is expected to be […]

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Another reason rates may stay Low for Longer

by Laura Ehrenberg-Chesler on October 22, 2015 in Fed policy

From Ed Yardeni this morning: “Chinese savers seem to be looking for opportunities to invest overseas because investing opportunities at home have turned riskier. The property market has cooled. The stock market has been treacherous, with too much meddling by the regulators. The government’s anti-corruption drive seems to be driving more Chinese to move their […]

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China Launches Yuan Bond in London

by Marilou Long on October 21, 2015 in currencies

China is launching a charm initiative as well as a yuan bond sale in London.  It is no coincidence that the state visit, including a state dinner at Buckingham Palace, has taken place at the same time as the first yuan bond sale held outside of China or Hong Kong.  From the linked article: The People’s Bank […]

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Bill Miller comments on stock valuations

by Laura Ehrenberg-Chesler on October 15, 2015 in equity market

Bill Miller is a well-known value investor and portfolio manager at Legg Mason. He has a very good long term track record and is known for his stock picking ability. In a recent interview with CNBC, he talked about the fact that the environment is good for buying and owning stocks, and that the risk […]

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