March 1, 2012

Second Quarter Newsletter 2012

The U.S. economy continues to grow and is healthier today than six months ago, which is reflected in steadily higher stock indexes. Several factors exist to help sustain growth, including a better capitalized banking system and an accommodative Federal Reserve, which has signaled low interest rates for at least two more years. Furthermore, pending domestic and global elections create additional incentives to maintain economic momentum. Investors should be mindful of ever-present market risk; however those who have remained on the sidelines may want to review cash positions by focusing on tactical adjustments in-order to meet longer-term objectives.

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