For Our Valued Clients
Current Investment Outlook
JULY 2008
The S&P 500 Index fell very close to classic bear market territory in June, dropping 18% from its October 9th 2007 high, a world away from where we find ourselves today. The loss of wealth in the equity and housing markets combined over the past nine months now compares to the $6 trillion lost during the technology bubble in the 2000-2002 period. The downturn has left few sectors unscathed, as nine of the ten economic sectors are down on the year. Energy is the lone winner up 4.67%.*
To read this Investment Outlook in it's entirety, download the PDF 