Key Takeaways: Although we may not be in a recession quite yet, the risk of one is high. Stock markets tend to bottom out and rebound during recessions. We are staying up in credit quality to avoid bond defaults and extending duration to position for when rates fall;...
Today the market took some sharp losses as I’m sure you’ve heard about excessively through your mainstream media channels. The major markets suffered losses around 5% just today (8/4/2011). We thought it was important for you to know our thoughts about the market and...
