Mountains to Climb

The official start of the fall season is upon us. Music is still played over loud speakers and the politicians plan for their rallies and agendas. Over the wires, we read about Chairman Bernanke’s hypothetical plans to start buying equities for the Fed’s portfolio. We...

The Day After: The New Silk and China

Our commentary last Monday August 30th outlined the present circumstances surrounding China. Our September newsletter discussed the facts that may lead to a Chinese collapse. This commentary discusses, the day after the collapse and the still significant role that...