The following are highlights from the Fourth Quarter 2011 issue of Investments: The View From Lowry Hill, our quarterly investment newsletter providing insights about the markets and the economy:

• All eyes are focused on the debt crisis in Europe. After nearly two years of false starts, global leaders are rallying behind a meaningful rescue plan. The stock market has bounced off its October lows, fueled by optimism of a resolution to the crisis.
• Our investment outlook reflects the reality that deleveraging in the Western Hemisphere has just begun, and debt reduction will be a headwind to growth for years.
• Recent volatility is likely here to stay. However, for long-term investors holding cash, volatility can equal opportunity.

Articles

Speeches

Financial Planning:
The View from Lowry Hill

Investments:
The View From Lowry Hill

2011 Annual Client Letter [pdf]

Past issues of Investments: The View From Lowry Hill