Banach Wealth Management July 30, 2010 Letter
July 2010 Financial Markets Review
Key Points
- 2010 Year to Date Total Returns
S&P 500 (1101) 0%
U.S. 10 Yr. Bond (2.91%) 9%
NASDAQ (2254) -1%
Foreign (EAFE) Stocks -6% - 2010 U.S. GDP expected expansion 2.9%
- 2010 earnings expected increase 34%
- Trading range bound stock market