INSIGHTS

On January 06, 2012

The Strategic Times: Year in Review & Looking Ahead

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The Year in Review & 2012 Outlook


As we enter 2012, the hangover effects of 2011’s consistent bombardment of financial meltdowns and political saber rattling has led to most forecasts to be very tepid in their expectations.  We continue to find the herd’s conservative risk tolerance and emotionally driven flight to quality at one of the largest disconnects with the fundamental value-based metrics of risk assets in general.  There are five significant macro events that could cause our optimistic view to be challenged which we list under the “European Syndrome” as well as reviewing our 2011 ideas.  We are reminded in a quite vocal way that finding value where others may not see it is always a trying task.  If one waits to take comfort in confirmation from the consensus, one always has to pay up for those assets.

 To read the full Strategic Times, Vol. 58 - The Year in Review & 2012 Outlook, click HERE.


 

Opportunities for Equities and Real Estate in the Years Ahead


The stealth recovery of the global economy from the “Great Recession” ending in 2009 has brought about two significant opportunities, in our opinion.  Both appear to be generational opportunities while arriving at this point in two very different paths.  The paths for each have been long and arduous and thus the time frame for the two stories to play out with regard to their ultimate recovery will be last over a period of time as well.


The popular quote given by President John F. Kennedy speaks volumes, “When written in Chinese, the word ‘crisis’ is composed of two characters – one represents danger, and the other represents opportunity.”  The line separating these symbols may seem at its greatest significance, but so too might be the opportunity.

 To read the full Strategic Times, Vol. 59 - Opportunities for Equities and Real Estate in the Years Ahead, click HERE.


 

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