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Four months after the Treasury Dept announced plans to purchase troubled mortgage securities from the nation’s financial institutions, details on the Public-Private Investment Program (PPIP) are now available--and there are a few surprises. Read More

  • July 22, 2009

HR 2454 is a mammoth, 1,200-page bill filled with many complex clauses and definitions. What follows is a rundown of some of the main issues, provisions and controversies. Read More

Since the Fund Portfolio’s December 2008 inception it’s up 6.5 percent, compared to 0.9 percent for the S&P 500. We’ve experienced hits and misses, but overall we’ve done well over the past seven months. Read More

The second quarter was a welcome relief from the turmoil of the past two years. The safety-first Income Portfolio gained 9.7 percent, pushing us into the black for the first half of 2009. Read More

  • July 22, 2009

We’re pleased with our second quarter results, but this is no time to throw discipline out the window or to be lulled into a false sense of security. Read More

  • July 22, 2009

The S&P 500 soared 14 percent in the second quarter, its best quarterly gain in almost six years and a welcome respite from six consecutive losing quarters. Even better, all three PF Portfolios are handily beating the broader averages year-to-date. Read More

  • July 22, 2009

The three major US stock indexes finished with mixed results. US Stocks dropped as lower oil prices dragged down energy producers. News of bad loans at Wells Fargo & Co. (NYSE: WFC) also brought down banks. Read More