Monthly Recap

January 2013 Monthly Recap

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Equities Soar The Dow industrials haven’t seen a January this good since 1989; the index is now just over 2% away from its pre-2008 high… (More) Economic Perspective Temporary debt ceiling delay until May board GDP slows in 4th quarter: .1% contraction Unemployment: remains unchanged at 7.8% IMF forecasts global growth at 3.4% for 2013 …

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November 2012 Monthly Update

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Political Storm Politics and the weather were the primary factors driving equity investors in November. The elections, concern about potential gridlock in Washington, the beginning of year-end tax maneuvers, and the continued high-wire act in Europe all contributed to volatility during the month… (Read More) Economic Perspective   Economic growth even better than thought for …

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October 2012 Monthly Update

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Hurricane Sandy Superstorm Sandy had relatively little impact on financial markets despite the first back-to-back weather-related closings in more than a century… (More) Economic Perspective Economic growth soared in Q3 – from 1.3% to 2% Unemployment fell to 7.8% Housing market still improving: 5.7% jump in sales Gas prices contributed to consumer inflation China – …

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August 2012 Monthly Recap

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Third Consecutive Month of Gains After six straight weeks of gains, equities took a bit of a breather at month’s end. The S&P spent the last half of the month bumping its head up against its year-to-date high of 1419 but never quite managed to close above it… (Read More) Economic Perspective Federal Reserve Chairman …

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July 2012 Monthly Recap

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Reassuring Markets Reassuring words out of Europe helped equities build on the previous month’s strong gains. The Dow industrials managed to squeak over the 13,000 mark once again… (Read More) Economic Perspective Euro leaders signed off on 100 billion euro rescue package GDP grew slower in Q2 than Q1 Unemployment remains stalled at 8.2% Chinese …

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