Commentary

FEATURED COMMENTARY

Investment Outlook & Commentary
2nd Quarter 2008 | Neil T. Rose, CFA, Chief Investment Officer

The financial crisis continues with investors learning just how large and unruly Wall Street’s web of debt has become.  It seems trillions of dollars of prime and subprime mortgages were just the beginning; the web included tens of trillions of dollars worth of Collateralized Debt Obligations (CDOs), Structured Investment Vehicles (SIVs), Auction Rate Notes (ARNs), Credit Default Swaps (CDSs), and the other forms of packaged debt given acronyms to help people forget how risky and complex they are.  

Download the Full Article

FEATURED ARTICLE

Baby boy gets advice from dad on how to invest for the future
Pacific Business News | June 13, 2008

Dear Son,

Two weeks ago you were born. Already, I can't imagine life without you in it. Last night I watched you sleep in your crib, so grateful to be your dad. I also spent much of that time wondering about what kind of world you'll face years from now.

In many ways, the challenges facing you and your generation will be unprecedented. Most of these challenges will be supernatural ones, both figuratively and actually, that I won't pretend to foresee. For these, all I can do now is hope you meet them with courage.

However, some coming challenges are quite clear, and there are things you can do to mitigate their effects, if not take advantage of them and thrive.

Visit Full Article