Market Viewpoints
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"In stocks you’ve got the company’s growth on your side. You’re a partner in a prosperous and expanding business. In bonds, you’re nothing more than the nearest source of spare change. When you lend money to somebody, the best you can hope for is to get it back, plus interest."
In Ben we trust; further QE will likely push double dip fears into next year. Gold should continue to benefit from fears of sovereign debt defaults and currency degradation. The Euro will survive but expect the strong members to exit and to see its recent strength wane. In the current environment, income not capital growth should guide us. Buy stocks for income and pick high quality stocks over high yielding bonds.