May 2010 - ProfitScore IQ

The ProfitScore IQ is our monthly newsletter in which we discuss the U.S. and global economy and trends we see emerging that can affect your investment success. Packed with invaluable insight and actionable information about the U.S. and global equity markets, The ProfitScore IQ lets you benefit from our research and the daily hard work that contributes to our never ending journey to be better stewards of your investment assets.

  • Why It Is Good Not To Be First

    In This Issue:

    Our Monthly Performance Update
    Dr. Howard Bandy Has Joined Our Team
    An Important Change to Our Equity Allocations
    The Most Important Charts of the New Century
    Surfing the Money Tsunami
    Bubbles of the Far Away Kind
    Making Everyone Else Rich...
    If You Can't Beat the Fed, Join Them
    Interesting Reading
    Spokane, Reno, and Orlando

    The United States is very fortunate to have a front row seat to Europe's, and soon Japan's, sovereign debt crises. Going through the second phase of the credit crisis will be difficult short-term, but learning hard lessons from our neighbors will soon turn our ship out of harm's way and ensure the long-term economic viability of the United States. It's not that we're smarter than our comrades across the pond, it's just that our economic cycle is five to ten years behind theirs.

    When this sovereign debt crisis finally plays out, socialism as currently defined by Europe, will no longer exist. As the book, The Fourth Turning clearly documented, humans have a nasty habit of hitting the reset button every 80 to 100 years. The Romans and Greeks recognized and documented this destructive and rebuilding phenomenon in their own culture.