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Rockhaven Views: October 2012
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Monday, October 8, 2012. Livin' On The Edge. There's something wrong with the world today. I don't know what it is. Something's wrong with our eyes. We're livin' on the edge. Aerosmith Livin on the edge (live). Pretty interesting quarter and year so far. Weren't many soothsayers predicting a 16% gain in the S&P 500 for the first nine months of this year! Here is a quarterly and year-to-date performance chart of some major asset categories:. The Fed's QEternity and ZIRP policies are driving investors out ...
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Rockhaven Views: November 2012
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Tuesday, November 20, 2012. All future blogs can be found at www.rockhavencapital.com. Chris Wiles Rockhaven Capital Mgmt. Subscribe to: Posts (Atom). Staying in harmony with constantly evolving markets. Chris Wiles Rockhaven Capital Mgmt. View my complete profile. Awesome Inc. template. Template images by Petrovich9.
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Rockhaven Views: Ring of Fire
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Tuesday, October 2, 2012. I fell into a burning ring of fire. I went down, down, down and the flames went higher. And it burns, burns, burns, the ring of fire. The ring of fire. Johnny Cash - Ring Of Fire (Live At Montreux 1994). The soon to expire Bush tax cuts equal $200 billion. The Super Committee Grand Bargain plan from Congress and the President that failed to even go to a vote would have cut $400 billion. We need to do at least four times that amount every year! The worlds largest bond fund manage...
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Rockhaven Views: July 2012
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Saturday, July 14, 2012. I Could Change My Life To Better Suit Your Mood. And if you said this life ain't good enough. I would give my world to lift you up. I could change my life to better suit your mood. Cause you're so smooth". Santana - Smooth (feat. Rob Thomas). What mood is Mrs. Market in? Is she bullish or bearish? Is she ambivalent or certain, apathetic or concerned? Man it's a hot one, like seven inches from the midday sun.". Be careful out there, and keep the lights on,. Chris Wiles, CFA. I'll ...
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Rockhaven Views: February 2012
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Friday, February 17, 2012. All these words whispered in my ear. Tell a story that I cannot bear to hear. Just 'cause I said it, it don't mean that I meant it. People say crazy things. Adele - Rumour Has It. This is not just a US issue, look at what's happening in Greece. Sure the Greek economy is a hopeless basket case, but when you have the Federation of Greek Police threaten to issue arrest warrants to EU/IMF officials accused of ".blackmail, covertly abolishing or eroding democracy and nationa...Here ...
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Rockhaven Views: November 2011
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Wednesday, November 23, 2011. This is by far my favorite holiday of the year, a time to briefly reflect on how blessed I've been. For all the doom, and gloom I often write about it's nice to step back and remember how much we have to be thankful for. Personally, I'm thankful for my wonderful family, and all the friends that give me strength and laughter. And lastly, I'm thankful that the worst pre-Thanksgiving trading week in history is over. Here's to Friday. Be careful out there, and keep the lights on,.
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Rockhaven Views: August 2012
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Friday, August 24, 2012. City Pension Board Rejects Studying "Realistic" Returns. City Pension Board Rejects Studying "Realistic" Returns. The link can be found here: http:/ www.post-gazette.com/stories/local/neighborhoods-city/city-pension-board-rejects-studying-realistic-returns-650328/. My blood starts to simmer before I even begin reading the article. The City of Pittsburgh's Pension Board rejects studying. Using realistic return assumptions. They didn't reject actually adopting. I'll give Mayor Luke...
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Rockhaven Views: September 2012
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Tuesday, September 25, 2012. The Future's So Bright. Things are going great, and they're only getting better. I'm doing all right, getting good grades. The future's so bright, I gotta wear shades.". Timbuk 3 - The Future's So Bright. You'd think that this optimism would erode under the constant tide of bad news; wars, high unemployment, political strife, terror, and the Pittsburgh Pirates. This is true to a point. Collectively we can grow pessimistic, but our private optimism, about our own futur...This ...
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Rockhaven Views: March 2012
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Friday, March 16, 2012. I've Got A Fever - A Fever For More Cowbell. SNL's Rendition of Blue Oyster Cult's "Don't Fear The Reaper". Did you hear that bell clanging this week? A loud cowbell clang? In case you missed it, interest rates rose dramatically. The yield on a 10 year US Treasury rose from 2.03% to 2.31%! One of my biggest worries is interest rate risk. When yields are near zero, we invest with the knowledge that we'll make nothing, hopefully we'll get our money back, and hopefully rates won'...