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December 2009 Review
 "It was the best of times, it was the worst of times..."
The capital markets staged a strong recovery in 2009 as massive amounts of stimulus from central
banks around the world pulled the global economy back from the brink of financial collapse... |
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November 2009 Review
Dow & S&P Advance - But Dubai Debt Problem Ends Month on Sour Note
The capital markets moved higher in November, with the blue chip S&P 500 and the Dow Jones
Industrial Average posting 6.0% and 6.9% gains, respectively. Growth stocks edged out value
stocks as the materials and health care sectors rallied and financials were only modestly higher... |
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October 2009 Review
Seven Month Advance Comes to a Halt in October
To read much in the media or blogs, it has been common to think that the tremendous run we
have experienced in the investment markets since early March was "too far, too fast" ... |
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September 2009 Review
Who Has the Baton Now?
The market's rally continued in September, albeit at a more subdued rate than seen in the
previous two months, shaking off prognostications that seasonal trading patterns would lead
to a halt of the current bull market run... |
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August 2009 Review
The importance of the consumer...
According to data from the Bureau of Economic Analysis, personal consumption expenditures have
increased over the past several decades from an average 62% of Gross Domestic Product ("GDP") in
the 1960s to nearly 70% of GDP in the 2000s; indicating higher pressure on the consumer to drive
economic growth... |
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July 2009 Review
A Mid Summer Rally - Stocks Advance Sharply in July
U.S. and International capital markets posted strong gains in July. Fueling the rally was the large number of companies that beat forecasts; further signs of economic stability and the continued trend of money moving off the sidelines and back into equities and corporate bonds... |
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June 2009 Review
Market Pauses - An Assessment of Fundamentals
The current bull market we have been experiencing since the middle of March stalled in June as investor euphoria was tempered by a barrage of economic data that suggested the possibility of further headwinds to the economic recovery... |
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May 2009 Review
Renewed Appetite for Risk
May 2009 saw the equity markets positive for the third consecutive month, the first time this has occurred since October 2007. Domestic fixed income, with the exception of treasury securities, also advanced in May delivering equity type returns.... |
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April 2009 Review
Proceed with Caution?
Capital markets have experienced quite a reversal in just an eight week time period and, once again, we find ourselves asking if the rally is for real. With the experience of a rally in December, 2008 following huge market drops in the previous two months, the question asked was whether April, 2009 was going to follow a similar pattern... |
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March 2009 Review
“In like a bear, out like a...”
As the saying goes, the weather in March, particularly in New England, comes "in like a lion and out like a lamb." Just like the unseasonably warm weather we experienced during this past month, capital markets also experienced a thaw of their own.... |
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February 2009 Review
"Houston, We Have a Problem"
Unlike the dramatics of the Apollo 13 moon mission, captured forever in the Ron Howard movie Apollo 13, the dramatic problems we are currently experiencing in the economy and financial markets do not have a clock associated with a final outcome... |
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January 2009 Review
U.S. Economy Grinds to a Halt - Worst January ever for Dow & S&P 500
Any optimism as a result of the final trading weeks of 2008 was quickly diminished early in 2009 as investors were battered by deteriorating economic data...
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