Category Archives: Economy

CYPRUS – THE STRAW THAT BREAKS THE CAMEL’S BACK?

While Cyprus is small in terms of size within the European Union (population of just over one million), it was significant because it had a large banking center concentrated in their two banks (Bank of Cyprus and Laiki Bank). Right … Continue reading

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THE SEQUESTER

There was a lot of saber rattling when the mandatory cuts went into effect. But little impact has been noticed – yet. We have a complex economy. It takes time for changes to filter down through the economy, be they … Continue reading

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PREDICTING THE FUTURE—WHY BOTHER?

People frequently ask what we think the market will do over a given year. As we’ve always said, our crystal ball is no better than anyone else’s.  Here’s a look at predictions for 2012 made by various institutions with large … Continue reading

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