April 3, 2010 (MarketWatch)

Job growth on the market's mind after long weekend
Same-store sales, Apple iPad sales also in focus

by Deborah Levine

"It's a good number after two years of a horrendous job market," said Thomas Nyheim, a portfolio manager at Christiana Bank & Trust Co. "This jobs report shows companies are starting to hire." Consumer spending, a crucial component to an economic recovery has been very slow for months but ticked up so far this year, he said. "There are signs it's emerging again," Nyheim said.

March 28, 2010 (CNNMoney.com)

By Alexandra Twin, senior writer

As a profitable first quarter draws to a close, stocks are in a vulnerable position.

"However, that was driven largely by inventory rebuilding, therefore making the number look stronger than it really is, said Scott Armiger, portfolio manager at Christiana Bank & Trust Company. He said that the next few quarters of GDP will also seem stronger than they are as the bulk of the stimulus money kicks in. Meanwhile, the tax burden and cost of doing business keep rising. In such an environment, stocks are likely to stall or retreat, he said. "I think we'll see a pullback sooner rather than later," Armiger said. "We could see some selling through the spring and then it picks back up in the summer when the second-quarter earnings are released."

March 20, 2010 (Wall Street Journal)

Stocks Edge Back in Black for 2010
by Kristina Peterson

"There was this push out there from the [Obama] administration to have a total overhaul of the banking regulations," said Thomas Nyheim, portfolio manager of Christiana Bank and Trust. "That doesn't seem to be coming into play."

February 16, 2010 (BusinessWeek Online)

Small Caps' Shrinking Appeal
by Ben Steverman

Sales at small companies aren't bouncing back as quickly as those at bigger outfits, which could help large-cap stocks to take the stock market lead again

"Economic conditions could give large-cap companies the advantage in 2010, says Thomas Nyheim, portfolio manager at Christiana Bank & Trust Co. A quick economic recovery would give a "real bounce" to small- or mid-cap stocks, which are often more sensitive to the U.S. economy. But "higher-quality large-cap names" will do better in a slower recovery, which Nyheim is expecting. "The recovery is going to be slower, [with] drags from unemployment," he says.

February 9, 2010 (CNNMoney.com)

Stocks rally on Greek bailout hopes

by Alexandra Twin, senior writer

"The prospect of the EU helping out Greece is a sigh of relief, but I really think today is mostly a bounce after the selloff," said Scott Armiger, portfolio manager at Christiana Bank & Trust.

February 8, 2010 (Reuters)

By Ryan Vlastelica
Over the weekend, European finance ministers tried to assure their counterparts in the Group of Seven industrialized nations that the euro zone's debt crisis is under control. They said they would make sure that Greece sticks with its budget-cutting plans. "The good news we're getting from upgrades and positive earnings are helping us, but there's the fear that Greece's problems could be the tip of the iceberg in terms of overall European debt," said Tom Nyheim, vice president at Christiana Bank & Trust in Greenville, Delaware.