March 2009

The Smallest Worm Is Turning

The smallest worm will turn being trodden on
Shakespeare’s Henry VI. Part III

wormAt the very bottom of any economic cycle it looks dark…really dark.

At the bottom of this cycle it has looked, well, bottomless.

Maybe it is the enthusiasm of a five day, 15% plus, rally that reminds me yet again that all is not lost.

That the worm will turn.

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Dear Madame Speaker – A Love Note

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John is a retired portfolio manager.  After a 20+ year career on Wall Street managing some of the most famous and successful funds in America, John decided late last year to unplug his Bloomberg.  Like so many folks, The Great Meltdown has evoked strong feelings. For John it sparked a need in him to speak [...]

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