Author Archives: The Edgemoor Investment Advisors Team

Tweet –  Commerce Department reports personal incomes and consumer spending rose in December, making for the 3rd straight month of growth.  Good recovery news. –  Excerpt from Hank Paulson’s book in the WSJ. An inside look at the days in 2008 preceding the financial collapse.

Tweet –  Good, but not good enough. Experts examine the President’s plans to help Americans save more for retirement. –  The US GDP jumped 5.7% in Q4 2009. Business is picking up, as we expected, mostly due to inventory rebuild.

Tweet –  Optimists’ view of what happens when Fed stops buying mortgages. We’ll soon find out. –  Market again applauds Berkshire’s addition to S&P 500. Some of our thoughts in the Wall Street Journal.

Tweet –  Our thoughts on Berkshire Hathaway shares being added to S&P 500. Long story short, it’s “good news for shareholders.” –  Gawande’s great Checklist Manifesto now #7 on NYT Bestsellers. Review. –  A rebound in factory orders works its way through the economy: WSJ.com – ‘Bullwhip’ Hits Firms As Growth Snaps Back

Tweet –  The IMF maintains its optimistic outlook: “Global recovery off to strong start” –  BW: Home Prices in 20 U.S. Cities Rose for Sixth Month. A good sign for the recovery.