The Profit Motive Rotating Header Image

Posts under ‘Quarterly Client Letter’

First Quarter Client Letter

The cliff notes version of my thoughts and concerns relating to the economy and investing at the end of the first quarter.

Share

Second Quarter Client Letter

Tapering and Interest Rates After hinting that the Federal Reserve might begin tapering its Mortgage Backed and Treasury Bond purchases later this year in May, the markets spooked and panicked following the June Federal Reserve’s Open Market Committee Meeting after which Fed Chairman Ben Bernanke indicated that if certain economic conditions were met, the Fed […]

Share

Quarter 1 Client Letter

My 1st quarter 2013 client letter expressing my hopes and concerns for the near term investment, economic and business cycle picture.

Share

KPIG Radio – The Profit Motive January 2

2012 was a good year for stocks, the S&P 500 gained 13%. Gold marked an unprecedented 12th consecutive year in the black with a gain of 5.7%. Fiscal cliff deal?

Share

3rd Quarter Client Letter

A review of the quarters events and my near term economic and business cycle concerns. this quarter, the middle class, real estate, the economy and fraud.

Share

4th Quarter Client Letter

My 4th quarter client letter where I share my thoughts and concerns regarding investing and the economy.

Share

3rd Quarter Client Letter

In the 3rd quarter the terrible recession of the last couple of years was officially declared over in June as per the NBER, though for a lot folks I doubt it either feels like it or looks like.

Share

2nd Quarter Client Letter

Is the economic recovery transitioning to one that is self-sustaining or as government stimulus is withdrawn, will the recession rear its ugly head yet again? There is a great deal of debate in the media on the subject of double dip recessions, how rare they are etc., etc. Technically this argument is moot as the NBER have yet to date the end of the current recession.

Share