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The spotlight has shifted onto Q4, 2012 corporate earnings, while Wash- ington gets a temporary respite. Be- fore reaching exhaustion, lawmaker’s buoyed stock prices, with their “best efforts” attempt to resolve the fiscal cliff issues. However, their best ef- forts fell short of a grand bargain, and failed to address…

A few weeks have passed since our last Market Perspectives publication. Since then, we turned the corner into a new year full of resolutions and excitement. Much of that excitement was part of Washington’s last-minute deal to avoid the full impact of a fiscal cliff; those so-called leaders are quite…

Many investors rely on the “wall of worry” theory but markets eventually get winded from such a climb. Keeping that hackneyed saying alive, pundits and Wall Street brokers keep pointing to a positive long-term outlook, pushing stock prices ever higher. But keep in mind, earnings have been contracting for several…

The “do-nothing” approach out of Washington has brought us to the brink of serious consequences. The extraordinary set of circumstances that result if lawmakers “do nothing” enables a game-changing set of tax hikes and spending cuts. If Congress and the White House fall short of a resolution by December 31,…