Banach Wealth Management

U.S. government debt limit uncertainties
dominated July financial markets while
generally good Q2 earnings were reported

Key Points

• July, 2011 YTD Total Returns
  S&P 500 (1292)                    4%
  US 10 Yr Bond (2.82%)         5%
  NASDAQ (2756)                    4%
  Foreign (EAFE) Stocks           1%
• U.S. GDP expected expansion     2.5%
• 2011 expected earnings increase 16%
• Stock market prices - cautious decline
• Jobless abnormal economic recovery

Link to full version BWM Letter

This entry was posted on Thursday, August 25th, 2011 at 6:47 pm and is filed under BWM Letters. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.