Over the last few years, we've had a number of clients liquidate a portion of their stock portfolios and move it to real estate. Real estate has become an asset class with its own momentum, and it is natural for strategists to write about it.

This is a good move, ... It hastens the day stock options are going to be required to be expensed.

(International Flavors and Fragrances is) a stock we know and like very much. It's in some of our clients' accounts. IFF is a company we like for a couple reasons here but very clearly it's exposed to a weakening dollar,

We go to court for clients and move them to different places in our own vehicles.

You would worry, because an IED would be in a pile of trash, it would be in a pothole. It could be almost anywhere. I was in a Hummer when an explosion went off and hit the second hummer after us.

Both governors and every commissioner are responsible. This is not necessarily a money emergency because people are crossing the bridges, paying their tolls and the bills are being paid. But bond markets do not look favorably on unpredictable, unreliable, politically driven decisions. Government organizations are created to pass budgets and meet bond covenants. To do otherwise is irresponsible.