AWM Blog

Whether we like it or not, we need oil (Published in the Santa Barbara News Press in April of 2009)

While attending last week’s County Board of Supervisors meeting I was reminded of a recent newspaper article I read, with a response to a story about a hunter who had killed a deer.  Outraged, the writer stated that the hunter should have instead gone to the store and bought their meat where it is made.  It seems to me that most people don’t think about all the things we see,…

Correction Coming

It stands to reason that the stock market should experience a significant correction in the short-run.  We have seen multiple new yearly, multi-year, and historic highs for stock prices of late, and the overall level of the Dow (12,000), and the S&P 500 (1,300) are at nose bleed levels. Last year we saw stock prices drive strong gains in the Dow (up 11%), the S&P 500 (up 13%), and the…