Archive for January, 2011

2010 4th Quarter Commentary

January 26, 2011  |   All Else,Insight   |     |   0 Comment

“Everyone takes the limits of his own vision for the limits of the world.”
Arthur Schopenhauer

Last quarter we discussed our take on the future of the economy, noting that economics is a dismal science and thus we are required to take a less apocalyptic and more measured approach to our forecasts than the soothsayers in the media. We noted that economic forecasts over the last 12 months have been anything but ...