The April through June period saw stocks continue their bounce from early-March lows. By quarter’s end, the advance had begun to falter, but not before adding another 12% of gains for the Dow Industrials, cutting their year-to-date decline to about -2%. International developed economies saw their markets advance some 15% (MSCI EAFE) and reach a year-to-date positive return of about 3%.
MONDAY, JULY 6, 2009
CoreStates 2009 Q2 Review & Outlook
Encouraging as these numbers are, even they don’t fully represent the resurgence of investor enthusiasm as the quarter’s economic measures began to indicate a moderation in the rate of national and worldwide economic decline. This growing perception led to sharp rebounds in the more speculative areas of the markets, with small capitalization US stocks (Russell 2000) advancing nearly 21% and reaching positive territory for the year. The NASDAQ gained 20%, bringing its
January 2 2009
Much (probably too much) has been and will be written about the many economic challenges currently facing our nation and the world, the probable responses of our government and the world to these challenges, and the possible effects both may have on investors. I have nothing to add regarding the specifics of these challenges. But, I do see several issues that are both likely to have a major influence on our financial fortunes in 2009 and beyond, and that have been at best under-acknowledged to date.
In the weeks and months ahead, I will be monitoring these and other issues and sharing my perspectives on them. If you would like to follow these musings and possibly add your thoughts thereon, simply sign on below. You can unsubscribe at any time, and we will not bother you with More >
Once you’ve made it… Mistakes can still take it!
Read this and make a copy for your files in case you need to refer to it someday. Maybe we should all take some of his advice! A corporate Attorney sent the following out to the employees in his company.