CFO Commentary — Monthly Economic Update for June 2009

Edited by J. Michael Stolp.  These views should not be construed as investment advice.

Quote of the month. “I don’t know any other way to lead but by example.”– Don Shula

The month in brief. While economists gathered around the water cooler to discuss whether or not a recovery was really underway, stocks soared, consumer confidence grew, and home sales rose. The broad commodities market had a fantastic month; the dollar didn’t. Meanwhile, the government found that 10 out of 19 stress-tested banks needed more capital. One U.S. automaker went into Chapter 11 bankruptcy, and another prepared for it.

When Plaintiffs Roll the Dice in Court

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Posted by J. Michael Stolp from my Blackberry Storm.

AMA – Physicians Challenge Lawyers’ Meritless Liability Suits — And Win

http://www.medicaljustice.com/email-news-det.asp?article-id=100662203

Posted by J. Michael Stolp from my Blackberry Storm.

Do It Yourself Tort Reform

http://www.medicaljustice.com/email-news-det.asp?article-id=916933458

Posted by J. Michael Stolp from my Blackberry Storm.

Denny Collins — Professional Photography

Denny Collins Photography

I want to recommend my good friend Denny Collins for your professional photography needs. Denny’s photos show up throughout our CFO various websites, including http://CFOfa.com.

For examples of Denny’s work, visit our website, or visit his website at Denny Collins Photography. Do mention CFO or Mike Stolp to him.

CFO Commentary — Monthly Economic Update for May 2009

Edited by J. Michael Stolp.  These views should not be construed as investment advice.

Quote of the month. “Discovery consists of seeing what everybody has seen and thinking what nobody has thought.”– Albert Szent-Gyorgyi

The month in brief. If the economy was downtrodden, the stock market sure was upbeat – at the end of April, blue chips were wrapping up their best two months since 2003.¹ As headlines and nightly news relayed anxiety about banks and automakers, Wall Street advanced powerfully. The three major indexes gained between 7.3 and 12.4% in April.² Statistics indicated gloom, but confidence returned to consumers and investors.

CFO Commentary — Monthly Economic Update for April 2009

Edited by J. Michael Stolp.  These views should not be construed as investment advice.

Quote of the month. “When your work speaks for itself, don’t interrupt.”– Henry J. Kaiser

The month in brief. Stocks gained ground as investors gained back some confidence in the economy and the markets. The Obama administration rolled out a detailed plan to heal banks, and told GM and Chrysler to shape up or be prepared to struggle on their own. The Federal Reserve revealed a plan to buy as much as $1 trillion in securities. Good news emerged from the real estate sector, and oil and precious metals had a good month.

WSJ — The Father of Portfolio Theory on the Crisis

The Father of Portfolio Theory on the Crisis
Harry Markowitz says valuation is the critical step.
By L. Gordon Crovitz — November 3, 2008

Read article at CFO-Doctors Newswire