Mark Miller
Articles by this Author
Save & Invest - Fourth Quarter 2011
- By Mark Miller
- Published 01/13/2012
- Quarterly Reports
It’s Tuesday in Europe, and they’re short on cash. Sound familiar? It
should, as this has been going on now for almost four years. In this
environment, we find ourselves discussing low interest rates, job
uncertainty, political dysfunction and how to cope with lifestyle
adjustments never contemplated during the years of leveraged living.
There’s no going back to the “good old days”, so the sooner new
strategies are in place, the better...
Save & Invest - Third Quarter 2011
- By Mark Miller
- Published 10/17/2011
- Quarterly Reports
There’s something about the third quarter that brings out the worst in the markets. This one was no exception...
Video Market Update
- By Mark Miller
- Published 09/13/2011
- Video & Podcasts
Mark and Eric discuss market volatility and the sovereign debt issues facing the economy in this investment committee update from our Save & Invest series
Market Update for Week of August 8, 2011
- By Mark Miller
- Published 08/8/2011
- Market Update
There’s nothing like a debt crisis to get everyone’s attention...
Save & Invest - Second Quarter 2011
- By Mark Miller
- Published 07/12/2011
- Quarterly Reports
We’re seeing a pattern. And, it isn’t very encouraging. After the initial credit market recovery of ’08/’09, and in an effort to stimulate the economy, the Federal Reserve announced its unprecedented $1.2 trillion dollar mortgage purchase program. When that ended in 2010, the economy stalled and the stock market sold off 14% through last August...
Save & Invest - First Quarter 2011
- By Mark Miller
- Published 04/18/2011
- Quarterly Reports
They’re about to take the training wheels off the economy and we’re going to find out if housing and employment can recover without government stimulus and quantitative easing propping them up. With the first quarter payroll tax effect behind us, and the Federal Reserve’s purchase of $600 billion in Treasuries (QE2) on track to end in June, the economy is going to have to show that it can stay up on its own. Another round of government intervention may not be so easy to come by...
Save & Invest - Fourth Quarter 2010
- By Mark Miller
- Published 01/18/2011
- Quarterly Reports
Don’t be fooled. The Great Recession is still with us though it is surely being masked by the great experiment now known as The Great Reflation. Two years into the implosion of the greatest credit and asset bubble in history, governments and central banks around the world continue to provide credit and liquidity in an attempt to keep their economies and financial markets afloat. This experiment in financial manipulation continued in the fourth quarter, driving stocks back up to levels not seen since the collapse of Lehman Brothers in September 2008...
Save & Invest - Third Quarter 2010
- By Mark Miller
- Published 10/8/2010
- Quarterly Reports
Three Yards and a Cloud of Dust
It feels like a Woody Hayes economy,
“three yards and a cloud of dust”. The legendary Ohio State football coach described his offense as a
“crunching, frontal assault of muscle against muscle, bone upon bone,
will against will”. After decades of over spending and over leveraging,
guilty or not, who doesn’t feel like a player for the famed Buckeyes?
We’re all in the game, making progress, three yards at a time...
It feels like a Woody Hayes economy,
“three yards and a cloud of dust”. The legendary Ohio State football coach described his offense as a
“crunching, frontal assault of muscle against muscle, bone upon bone,
will against will”. After decades of over spending and over leveraging,
guilty or not, who doesn’t feel like a player for the famed Buckeyes?
We’re all in the game, making progress, three yards at a time...
Market Update - August 6, 2010
- By Mark Miller
- Published 08/6/2010
- Market Update
This week was all about jobs. Though the July unemployment rate held steady at 9.5%, nonfarm payrolls fell by 131,000 last month as the rise in private-sector employment was not enough to make up for the government jobs lost...
Save & Invest - Second Quarter 2010
- By Mark Miller
- Published 07/7/2010
- Quarterly Reports
Apparently, it’s time to put the V shaped phase of the recovery aside. Almost three years ago world economies, in lock step with the Pied Piper of leveraged debt marched off a cliff. Now, having climbed back out of the abyss, they are struggling for traction despite government stimulus and record low interest rates. We’re in the time of the “square root” recovery...