Quarterly Commentary
Second Quarter Commentary Cover Letter
Second Quarter Commentary: "Volatility Returns: Emerson’s Strategy for Dealing with
New Global Challenges" - Q2 10
This year began with steady gains in stock prices along with an improving global economic picture. But during the second quarter, volatility returned to the market as investor confidence in the sustainability of the recovery waned. The quarter finished on a tumultuous note with most global stock indices down from their April post-recovery highs. Click here to read more.
Q2 10 Wealth Management Insert: Mr. King Goes to Washington - By K.C. King, CFA, CIC, Managing Director
First Quarter Commentary Cover Letter
First Quarter Commentary: "Huge Investment Gains are Good; Steady Gains are Better" - Q1 10
Every investor would like the enormous gains of the last twelve months to continue. Unfortunately, returns such as these are the exception to the normal rhythm of investment performance and are often the result of the markets snapping back after a period of severe economic stress, such as we experienced in 2008. Eventually, the market returns to a more sustainable pattern of modest and steady gains. Click here to read more.
Q1 10 Wealth Management Insert: Is Your Estate Plan Complete? - By Kathleen Sablone, J.D., Wealth Strategist
"Recession Ends, Stimulus and Global Growth Drive Recovery in 2010" - Q4 09
With the recession over, now what? While the National Bureau of Economic Research (NBER) - the authority on business cycles - has not yet said that the Great Recession of 2008-2009 is officially over, the financial markets wait for no one. The market started anticipating an economic recovery last March. By mid-year, leading economic indicators had turned upward, boosting markets to higher highs, all of which were confirmed by the positive GDP growth we experienced in September. The market continue to soar through year end. Click here to read more.
Q4 09 Wealth Management Insert: Should You Convert to a Roth?- By Kathleen Sablone, J.D., Wealth Strategist
"The New Normal" - Q3 2009
"A Market Bounce or the Start of Something Big?" - Q2 2009
"Is Optimism Banned From Markets Forever?" — Q1 2009