Monday, November 28, 2011

The Global Economy's Effects on Investors

1 - The U.S. stock market has lost ground every day for the last seven sessions; according to, those seven days have drained 7.8% from the S&P 500. The latest causes for pessimism continue to come from  politicians on both sides of the Atlantic. The situation in this country won't be settled until next November's national elections -- and may not be settled even then. As ugly as it is here in the states, it is much more complicated in Europe, where the leaders of about a dozen countries -- countries with competing interests and grouchy electorates -- must somehow come together on a unified cure to a rapidly growing infection. Bottom line: we don't have a clue as to where all this is going. Hold on to your hat.

2 - To view a 3-minute video about the economic picture and how we're dealing with it at Millard & Company, click here.

3 - Remember that this coming Thursday (December 1) is our client holiday Dinner and a Movie event. As of this writing, we have received RSVPs from about 50 clients and guests, and we're looking forward to a fun and festive evening. If you haven't signed up yet, click here to do so.

I hope your Thanksgiving was a good one. Have a great week -- and do your Christmas shopping locally!


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