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News

As we have discussed throughout the site, transparency and communication are central to our clients’ experience. Accordingly, we communicate regularly and in multiple ways in an effort to educate our clients so that they understand what we are thinking and why we are making particular investment decisions. In this section, we will post the View from the Pier, our market commentary. We will also share news about Vigilant and relevant planning topics.

  • Summer 2011 - View from the Pier
    Our long-term view has been that the mature economies of the world, those that have dominated global economic activity for decades, are destined for slower growth in the years ahead. History is filled with examples of aging populations that downshift from heady growth to slower overall activity, but the transition in play for the United States, most of Europe and Japan is an accelerated one and is exacerbated by the enormous amount of leverage that now suffocates these economies.
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  • Winter 2011 - View from the Pier
    While the Great Recession of 2008 is twenty-four months behind us, it still remains fresh in the minds of investors, consumers and policy-makers alike. And rightfully so, for, although the economic environment feels better today, the repercussions of the events of that period and the policy decisions executed as a means of extraction from it, are likely to remain present, sometimes obvious and sometimes not, for years to come.
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  • Fall 2010 - View from the Pier
    The model for economic recovery is simple: Government stimulus pumps cash and incentives into the system, which encourages private consumption and investment, which, in turn, creates jobs and income. Because people have repressed spending during the lean period, pent-up demand exists and, as folks begin to spend again, confidence rises and the handoff from government to the private sector is underway, with a little boost from the "multiplier effect".
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  • Spring 2010 - View from the Pier
    As we enter a new decade, massive intervention by governments and central banks are helping the global economy emerge from the Great Recession. The measures taken to climb from the depths of the credit crisis have been nothing short of awesome in scale and scope.
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The views set forth in the newsletters, articles and other materials posted below were those of Vigilant Capital Management, LLC as of the publication date of each piece, are subject to change, are not a guarantee of future performance and are not intended as an offer or solicitation with respect to the purchase or sale of any security. The views of Vigilant Capital Management, LLC contained in these materials do not constitute investment advice.