Altair Insight: Fourth Quarter 2013

This edition of Altair Insight, a quarterly market review from Altair Advisers, explores the following key topics:

• The potential is building for a ‘dot-gov’ bubble to develop because of all the Fed’s easy money. But it has not formed yet.
• Bernanke averted a Depression but ends his tenure with a mixed record and a grade of “Incomplete.”
• The energy renaissance is a welcome tailwind for the U.S. economy.
• International stocks are still less appealing than U.S. stocks because of near-term challenges in China and elsewhere. But we expect that to change soon.
• Japan’s economic breakout is threatened by its impending tax hike.