In Egypt Obama’s Between a Rock and a Hard Place

by | 06 02 2011 | Blog

There has been nearly unanimous criticism of U.S. President Barack Obama’s handling of the revolution in Egypt.  However, I think a real reckoning of the situation reveals that the situation is enormously complex and any action requires careful consideration....

The fractures in the EU are showing more

by | 06 02 2011 | Blog

This past week various leaders of the European Union have been meeting to create a structure for preventing future economic crises.  Also important was their effort to try and create a framework for how to deal with crises when they do unfold.   Most of us who...

You can’t take the human out of quant models

by | 05 02 2011 | Blog

Clearly you don’t write a blog entitled “What My Intuition Tells Me Now” and rely solely on quantitative methods.  As the retired co-portfolio manager of the Davis Appreciation and Income fund I learned very early in my career that facts would only...

Unemployment data for January

by | 04 02 2011 | Blog

This morning the January unemployment data was released by the Department of Labor.  I am guessing that most pundits are going to focus on the low number of net jobs added by all of the various economic sectors.   Specifically, total non-farm payrolls increased...