Lee Markowitz

Continental Capital Advisors

Contributor since: 01 Mar 2010

Contact Contributor

• U.S. Credit Metrics Will Continue To Weaken

  Published 28 June 2010 | viewed 0 times

  The fiscal situation in Greece has brought new attention to the fiscal situations of countries around the world, including the United States. We have written…

• Quantitative Easing Does Not Guarantee Higher Stock Prices

  Published 18 June 2010 | viewed 0 times

  The US economy and much of the global economy continues to be in a post-bubble, debt deleveraging process. M3, the broadest measure of money supply,…

• The Search For 'Cash'

  Published 11 June 2010 | viewed 0 times

  Last week, rumors surfaced that China was considering the reallocation of its foreign exchange reserves away from Euros. Although China denied the rumors, China has…

• Government Spending Is No Longer A Boost To Confidence

  Published 04 June 2010 | viewed 0 times

  Government stimulus during economic contractions is intended to offset the decline in private spending that occurs during downturns. Government stimulus directly increases GDP while it…

• Only A Matter Of Time

  Published 23 May 2010 | viewed 0 times

  European debt problems have become the center of market attention. However, it is only a matter of time until markets turn their focus to the…

• The Financial System Is Broken

  Published 14 May 2010 | viewed 0 times

  Financial crises are happening at shorter intervals and each crisis is being met with an even stronger policy response. Prior to the 2007 financial crisis,…

• China's Property Market Is Another Risk To Global Growth

  Published 30 April 2010 | viewed 0 times

  The extraordinary gains in the Chinese real estate market may be coming to an end. In fact, there are several indications that the property market…

• A Letter To Chairman Bernanke

  Published 25 April 2010 | viewed 0 times

  The Honorable Ben S. Bernanke Chairman Board of Governors of the Federal Reserve System 20th Street & Constitution Avenue, NW Washington, DC 20551 Dear Chairman…

• The Federal Reserve's Market Corner Is Over

  Published 09 April 2010 | viewed 1,469 times

  We previously wrote that the Federal Reserve's (Fed) quantitative easing program, aimed at driving fixed income asset prices higher and long-term interest rates lower, was…

• This Continues To Be A Bear Market Rally

  Published 26 March 2010 | viewed 1,244 times

  Despite the ongoing stock market rally, we remain steadfast in our view that this continues to be one of the greatest bear market rallies of…

• Fund Flows Are A Risk For Bonds

  Published 12 March 2010 | viewed 2,006 times

  Despite pronounced risks in certain credit instruments, people have been investing record amounts of money into anything with a yield. For example, municipal bond funds…

• The Concept of a Risk-Free Rate is Flawed

  Published 05 March 2010 | viewed 2,144 times

  The valuation and stability of all financial markets have been enhanced by the universal belief that US government bonds represent a risk-free interest rate. However,…

• Consumer Confidence And The Stock Market

  Published 12 February 2010 | viewed 2,420 times

  Investors should not assume that U.S. equity markets are falling only in sympathy with Europe's financial problems because the spreading sovereign credit problems in Europe…

• Foreign Exchange Reserves Are Concentrated In Weak Currencies

  Published 05 February 2010 | viewed 1,948 times

  Global foreign exchange reserves used to be largely held as US Dollars. However, the introduction of the Euro and growing fears of the United States'…

• A Structurally Weak Labor Market

  Published 22 January 2010 | viewed 2,055 times

  The most recent establishment survey on monthly job losses reported a loss of 85,000 jobs in December. December's number showed considerable improvement from the peak…

• The Next Stage of the Credit Crisis

  Published 15 January 2010 | viewed 4,214 times

  The next stage of the credit crisis is approaching. The first stage of the credit crisis was characterized by subprime borrowers defaulting on their mortgages.…

• The Dow/Gold Ratio Will Decline Further

  Published 08 January 2010 | viewed 4,078 times

  The Dow Jones Industrial Average (Dow)/gold ratio is important because it indicates the optimism for financial assets versus that of hard assets. A rising ratio…

• The Gold Window Has Reopened

  Published 04 December 2009 | viewed 4,113 times

  The gold standard that was in place until 1971 prevented unchecked federal deficit spending, and excessive borrowing to consume foreign goods. With the gold standard…

• The Dollar Bubble

  Published 20 November 2009 | viewed 5,269 times

  A bubble in the Dollar was created in 1971 when the Government ended the gold standard. At that time, the Dollar lost its intrinsic value…

• Capitalizing on Chinese Yuan Appreciation

  Published 30 October 2009 | viewed 3,004 times

  Although the Dollar recently made new lows against most major currencies, the Chinese Government has maintained a tight peg on the Yuan/Dollar ratio since July…