Investment Recap

Fourth Quarter 2009

The historic stock market recovery that began March 9th continued through the fourth quarter of 2009. For the year, the S&P 500 was up about 26% and the Russell 3000 28%, while our stocks were up approximately 60%. We are pleased to...

Third Quarter 2009

The stock market had its best quarter since 1998 ending with a gain of over 16%. Our stocks performed considerably better. Clearly both the bond and stock markets have returned to health as worries of a financial meltdown, the collapse of...

Second Quarter 2009

The second quarter of 2009 produced the best stock returns in over ten years, with market averages up 16-17%, and our stocks significantly outperforming. Due to the market travails of last year, we are not yet in a celebratory mood. A fair...

First Quarter 2009

The first quarter of ’09 was another turbulent period for financial markets but managed to end on a positive note and through today we are in the midst of a very significant and historic five week rally in stocks. Our stocks are now up for...

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