Monday, May 3, 2010

Market Comment 05 03 10

The market sell-off last Friday was rather steep. The market opened higher on Monday (today), but we will need to see how the market behaves the next few days to assess whether or not the character of the market is changing and if any portfolio changes are warranted. This is a market that bears watching closely.

Fortunately, the low-volatility portfolios that most our investors have provide us additional decision-making time. Stay tuned.

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