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November 21, 2014

Important Disclosures This report is for informational purposes only and does not constitute a solicitation or an offer to buy…

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November 14, 2014

“Get acquainted with your shadow, or find yourself surprised when a crisis emerges.” – M.B. Dallocchio “It’s part of what…

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November 7, 2014

“Here’s to the crazy ones, the misfits, the rebels, the troublemakers, the round pegs in the square holes… because the…

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October 31, 2014

“It is impossible to produce a superior performance unless you do something different from the majority.” – Sir John Templeton,…

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October 24, 2014

“Asset purchases may act like a sweet poison for the governments. The rude awakening may come when the purchases are…

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October 17, 2014

“We cannot solve problems by using the same kind of thinking we used when we created them.” – Albert Einstein…

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October 10, 2014

“When we look at the high-income economies…we must recognize that they are in a truly extraordinary state. The best way…

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October 3, 2014

“I recently tried to refinance my mortgage and was unsuccessful in doing so. I think the tightness of mortgage credit—lending—is…

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September 26, 2014

“I don’t think the words ‘dual mandate’ crossed my lips in eight years. If prices are stable, that (is) good…

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September 19, 2014

“Money amplifies our tendency to overreact, to swing from exuberance when things are going well to deep depression when they…

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