Tuesday, July 08, 2008

The Second Half of 2008

Inflation and energy. The latter busting the former out of the seams. The Market Mistress doing her thing, wringing the Wall Street crowd and bankers down to a level of sanity. America is on a collision course with reality and none too soon. For far too long the price of a gallon of gasoline was cheap. America fed at the zero percent financing trough of Detroit and drank those stocks down to double digits. High pump prices, credit issues, politics, speculating get the pointed fingers. All are to blame.

The average bear market lasts about 10 months. This bear will take us well into the second half of the year.

The problems around the globe are increasing. Pollution, disease, overfishing the worlds oceans to name but a few.

America's problems, look in the mirror. Where's our soul? What is the collective breath? Is it the "something for nothing" mentality of casino gaming? Is it the socialism of Social Security? Is all of America for sale with lobbyists spending 1 billion dollars a day inside the Beltway?

Good markets come after bad markets. American ingenuity will prevail.

It is NOT different this time.

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Native American Advisors CHIPPEWA PARTNERS

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CHIPPEWA PARTNERS, Native American Advisors, Inc. is a Registered Investment Advisor, founded by Dean Thomas Parisian in 1995. The firm is a manager to an exclusive clientele and is closed to new clients. As a Registered Investment Advisor, our expertise developed over 35 years balances experience, integrity and tremendous work ethic. Dean Parisian is a member at the White Earth Reservation of the Minnesota Chippewa Tribe, a former NYSE and FINRA arbitrator and trader who began his career with Kidder Peabody and later worked for Drexel Burnham Lambert in LaJolla, CA. His philanthropic interest is in Native American education and he's endowed a significant scholarship for Native Americans at the University of Minnesota. His greatest accomplishment includes raising two sons and 26 years of marriage. The Parisian family enjoys outdoor pursuits at Pamelot, their farm in Tennessee and at the Ghost Ranch, their ranch on the Yellowstone River in Montana. For media requests contact the firm via email: ChippewaPartners (at) gmail dot com, on Twitter: @DeanParisian. Global 404-202-8173