Wednesday, March 16, 2011

Market Comment 03 16 2011

After Wednesday's big sell-off, the stock market, as measured by the S&P 500, is now negative for the year.

I did take some profits in one of our high yield funds.

I also added positions in both long term US Treasuries and Swiss Francs as a hedge against our remaining high yield and equity fund investments.

Both US treasuries and Swiss Francs are on the rise.

Swiss Franc

Long Term US Treasury Bond

No comments:

Post a Comment