Monthly Market Updates

Posted January 31, 2009

Here We Go, Again?

Déjà vu all over again. The words of Yogi Berra seemed an appropriate way to start this commentary, as it does seem like we have “been here, done this”. In the fall of 2008 the collapse of Lehman Brothers, Fannie Mae, Freddie Mac and IndyMac Bank created fear of a 1929 style “run on the banks”, and prompted the Federal Government to move quickly toward stabilizing the banking system by encouraging marriages… Read More ›