Monthly Commentary

Main content

November 2010

We pointed out last month that the September surprise in equity returns was a signal to get aboard the “express elevator”— that is, it’s time for sidelined investors to get back into the equity markets. Despite an October that extended September’s dramatic surge and swept year-to-date returns to near double digits, pessimism continues to abound. Driven by strong corporate earnings and expanding global demand, the turn in the market was swift and dramatic and left many investors who missed their chance at the rally hoping for a pullback to create an attractive entry point.

Pages

Footer content