Archive for February, 2010
Cash Pays Nothing
February 2010 – What a difference a year makes. We’re all breathing a little easier after the tremendous stock market rally in the second half of 2009. Portfolio values have recovered dramatically from the March low and the economic picture is slowly improving. However, there is great debate about whether the rate of improvement is sustainable. And so, while we are relieved, the economic uncertainty that looms in 2010 makes strong stock market performance anything but a sure thing.