Investment Outlook 7/1/2009

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Excerpts...

On the heels of the worst first quarter decline in percentage terms since 1939, the markets staged an impressive rally during the second quarter bringing four of the five markets outlined below into positive territory for the year.
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Investment Outlook 1/1/2009

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Excerpts...

The fourth quarter was dismal and while people like to bid a “fond farewell” to the year just ended, we feel “good riddance” is far more appropriate this time.
As we look back on the year we witnessed a severe “financial crisis,” a rapidly deteriorating economy, the worst housing market in decades and a stock market decline not seen since 1931. We are happy to close the books on the past year, realizing while the outlook remains troublesome it should not be any worse than last year. In fact, encouraging signs began to develop in the last few weeks of 2008.
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Investment Outlook 1/1/2008

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Excerpts...

The stock market was lower in the fourth quarter as fears of a “credit crunch” worried investors. The financial stocks led the downdraft, however, the sell-off was fairly broad as the DJIA, Russell 2000, and Value Line all saw their averages decrease by over 4%.
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Investment Outlook 7/5/2007

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Excerpts...

The stock market rallied during the second quarter as investors became more confident that growth would improve. Ample liquidity in the market would enable hedge funds and private equity firms to continue to take companies private.
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Investment Outlook 7/5/2006

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Excerpts...

The stock market has been in a correction for most of the second quarter, with the worst declines occurring in the month of May. The correction has eliminated most of the advance experienced in the first quarter.
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