Wednesday, June 24, 2009

Marty Mazorra

Private Client Commentary - dollar conspiracy

Dear Clients,

Tuesday, June 9, 2009

Some upbeat economic news......

Last Monday the Dow tumbled 180 points, in spite of some upbeat economic news. So why, if the news was good, did the market take such a hit? Well some

Monday, June 8, 2009

Private Client Commentary - Green Shoots & WalMart Jobs

Just want to pop in and touch on what did not happen this morning. The market is off 3% in the wake of Treasury Secretary Geitner

Friday, June 5, 2009

Private Client Commentary - crisis conversation

Dear Clients,

Since I

Private Client Commentary - cyclical market

Dear Clients,

You may or may not have noticed that for the past year and three months, I have written my commentaries on down days, almost exclusively. Which explains why, in 2008, I sent you over seventy messages.

These commentaries have been my attempt to help you understand that the market and the economy move cyclically, and to offer you a longer-term perspective than that expressed through the media. I have said many times in these messages that the human condition is such that we tend to believe that whatever is happening today will continue to happen forever (the media coverage of the market and so much of the

Private Client Commentary - Green Shoots & WalMart Jobs 0609.docx

Dear Clients,

The Dow closed last Friday at 8,763, posting its third consecutive weekly increase and extending what is now a 2,300 point move off the bottom set in early March. So where do we go from here?

Of course I

Private Client Commentary - plays Main Street like a fiddle

Dear Clients,
In spite of what market history may suggest, most people refuse to believe that, in the eye of a financial storm, the sun will ever shine again (they

Monday, June 1, 2009

Private Client Commentary - Treasuries and interest rate risk

Dear Clients,
The Dow took a 170+ point hit last Wednesday as the stock market reacted to a sharp one-day sell off in Treasury securities

Fools and Liars

NYU Business Prof Nouriel Roubini (AKA Dr. Doom) predicted just a few weeks ago that this recession will go on for another three years.

Nobel Prize winning economist Paul Krugman (along with 90% of his colleagues recently surveyed) predicts that the recession will officially end sometime during the second half of this year.

Doug Hornig, author of nine books and contributor to Business Week as well as a number of other publications predicts (virtually guarantees in fact) that another