Banach Wealth Management Apr. 01, 2011 Letter
First Quarter, 2011 Financial Markets Review
Extremely stimulative monetary policy
continues to boost earnings
in moderately growing economy
Watch the Net Profit Margins!
Key Points
- 2011 1st Qtr Total Returns
S&P 500 (1328) 6%
US 10 Yr T Bond (3.46%) 0%
NASDAQ (2777) 5%
Foreign (EAFE) Stocks 3% - US GDP expected expansion 3.3%
- 2011 expected earnings increase 14%
- Stock market trend remains positive
- Modest economic expansion