End Of Year Market Commentary
As we enter the last month of 2009, it is helpful to reflect on the year we have had and look cautiously into next year’s expectations.
As the economy paces through extraordinary times, it can sometimes seem that the market is simply a tide that moves all boats—and the unfortunate swimmers—in the same direction. The market has been in this mode from 2007 and 2008 as the markets and economy deteriorated; and, it has clearly continued through the market...