http://www.catamountcp.com Just another WordPress weblog Sun, 07 Feb 2010 21:10:59 +0000 http://backend.userland.com/rss092 en It is old news that the market has enjoyed a very strong rally since last March. In my opinion, it has occurred on the back of misguided confidence that the next economic boom would soon follow.  I give an abundance of credit to the news headlines, government stimulus, and market ... http://www.catamountcp.com/?p=199 The following represents an email I sent to Catamount clients on November 27, 2009.  I'm publishing the email on my blog because it has particular relevance to topics that I intend to discuss in the near future. Dear Clients, The markets produced neurotic action today in the wake of Dubai’s debt ... http://www.catamountcp.com/?p=189 Stocks have been rallying with little pause since March 9.  Last Friday, the Dow Jones Industrial Average closed above 9500 for the first time since November of last year.  After falling 58% from the October 2007 high, the S&P 500 has rallied 54% from the bottom.  Still, the market remains ... http://www.catamountcp.com/?p=173 By proceeding, I acknowledge that I have read and understood the Disclosure and Copywrite Statements. In my Year End Review, I predicted that the capital markets would present historic challenges for investors in 2009.  Though my writings have been plenty fervent for more than two years, that quote may go down ... http://www.catamountcp.com/?p=147 By proceeding, I acknowledge that I have read and understood the Disclosure and Copywrite Statements. Lately, I've been fielding numerous calls and emails from people that have recently engaged in gut wrenching conversations with their investment advisors about their hemorrhaging portfolios. Apparently unsatisfied with the answers, they have asked me to ... http://www.catamountcp.com/?p=86 By proceeding, I acknowledge that I have read and understood the Disclosure and Copywrite Statements. The numbers are in. The S&P 500 Index returned -38.5% in 2008 and -41.9% since the bear market began in October 2007. Most of the world’s stock markets behaved worse. Virtually every asset class including real ... http://www.catamountcp.com/?p=60 Dear Clients, Here’s an update. I invested 10% of your portfolios in the S&P 500 index on Friday. As such, we participated in yesterday’s rally by adding about +1.5% to the total value of your portfolios. As mentioned in my blog last Thursday, a rally was overdue but did not expect ... http://www.catamountcp.com/?p=55 The S&P 500 Index closed at it historic high at 1565 exactly 1 year ago.Today it closed down (-41.9%) to 909.If measured from its all time intraday high of 1576 on October 11, 2007, the index is down -42.3%.I feel extremely fortunate to report that we have sidestepped the disaster. ... http://www.catamountcp.com/?p=46 Instead of Monopoly, U.S. Treasury Secretary Henry Paulson and Federal Reserve Chairman, Ben Bernanke should patent a new board game called “Bailout.” American's should be concerned about the game of "bailout" being played by the Fed, the U.S. Treasury, and the Lords of High Finance (aka. Wall Street). It ... http://www.catamountcp.com/?p=39 By proceeding, I acknowledge that I have read and understood the Disclosure and Copywrite Statements. I’m sure you’ve been watching the headlines. The news is horrific. Fannie Mae and Freddie Mac, which hold the majority of residential mortgage paper in the United States, had to be rescued and put ... http://www.catamountcp.com/?p=38