2010 1st Quarter Commentary

During the last month, we passed the one year anniversary of the stock market’s most recent crisis low. We remember quite clearly that ugly Monday in March (3/9/09), 3 days after the S&P 500 hit an intraday low of 666, then closed at 676.53, reflecting a point where in the wake of the credit crisis, panic selling appeared to capitulate. At that point the S&P 500 traded at the same level it first crossed in 1996, 13 years earlier.

2010 1st Quarter Commentary 2017-03-18T15:31:37+00:00