ZCA Q1 2016

Q1 2016

ZCA Q4 2015

Q4 2015

ZCA Q3 2015

Q3 2015

ZCA Q2 2015

Q2 2015

ZCA Thoughts on China June 2015


ZCA Q1 2015

Q1 2015

ZCA Q4 2014

Q4 2014

ZCA Q3 2014

Q3 2014

Entitlement Spending


Q1 2014 Review

Q1 2014

2013 Year End Review

Q4 2013

Nothing Really New, With a Few Notable Exceptions

Q3 2013

ZCA Quarterly Letter

Q2 2013

Overview of Global Markets

Q1 2013

Student Loan Debt Crisis and Broader Implications

Student Debt Crisis 2013


Q3 2012

They Are Who We Thought They Were

Thoughts on European Debt

Having Your Cake and Eating it Too

Q1 2012

When the Formerly Unprecedented Becomes the Status-Quo

2011 Year End Review and Outlook

A Tale of Two Cities

April 2011

All I Want for Christmas is a Borrowed Kitchen Sink

January 2011

Play it Again (Uncle) Sam

October 2010