Current Market Development

Well, it's been a while since our last blog and there have been a great many changes and developments in the markets...

Some of these include:

• The biggest market corrections in over 5 years, and then the markets reversing up from extremely low-risk levels.
  
• The sub-prime crisis hitting the markets which probably caused the major correction to begin with.
  
• The hedge fund crisis with the quaint funds losing billions of dollars and some of them even going bankrupt.
  
• Then, the Federal Reserve lowering interest rates.
  

And all of this in only 2 months. It's enough to make your head spin and your portfolio sink, unless you were listening to what I was saying before this happened.

Next time—we will talk in specifics instead of generalities.