Tuesday, May 3, 2011

Rise and Fall

1 - Last Thursday's workshop on rebalancing was very well attended, with a total of 49 clients participating in one of the event's two sessions. Clients seemed to enjoy getting a glimpse into one aspect of the portfolio management process. We are planning to have an ongoing series of educational workshops to keep you informed, and we'll let you know as each approaches.

2 - The price of gasoline seems to be on everyone's mind these days. Read the article below for a good analysis of how those prices got to where they are -- and where they might be headed.

3 - While it's hard to celebrate death, it's even harder to feel anything other than relief at last night's news that Osama bin Laden has been killed by a team of Navy SEALS. For the last ten years, amid near-toxic political rancor, our leaders have remained united on this one goal. During the administrations of two presidents and the changing face of Congress, work has gone on behind the scenes to track down the worst global mass murderer of our generation. It's ugly, it's violent, it's something we don't like to think about -- but the job has been done, and most of us are happy about it. Clearly, the war against terrorism is far from over, but today is a good day to be an American.

Have a blessed week -- and don't forget Mother's Day!

-Andy

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