Market Commentary
Good evening, After today’s surprise sell off, or crash, mostly because of margin calls and hedge fund liquidations I can say that we are treading in uncharted waters and are trying to navigate this storm as best we can which is turning out to be the Perfect Storm. I have been arriving in the office…
Please let me start out by saying that I know things aren’t going well lately and since 1986 when I began counseling clients I can’t remember this much chaos and confusion being felt throughout the world. The U.S. is a great country and our stock markets have recovered from all events that have occurred, so…
It’s no secret by now that the Dow fell almost 800 points as the market reels from the House vote on the Bailout or Rescue Plan today. Today was the worst day the stock market has seen since Black Monday in 1987 and I wanted you to know that I will be in my office…
Let me start out by saying that during these troubling times on Wall Street, our services become more valuable to our clients so I have cleared my calendar of all non-essential meetings and/or activities in order to be available for any questions or concerns which you may have. I find that email is the quickest…
These are extraordinary times in the financial markets and there may be questions about what this means for you and I am anxious to answer them. Please be assured that I am closely monitoring your account in this volatile market environment, taking whatever actions I deem appropriate with respect to any securities transactions on your…
October 10 Email to Clients: “Early Morning Calls”
Good morning… I apologize for filling up your email box with so much information but between last evening and since 6:00 am this morning, I have heard from many clients and just received the attached commentary from Professor Jeremy Siegel that I wanted to share with you. Every client whom I’ve talked with is nervous,…