The stock market continues to be controlled by events in Europe. While better than expected economic news was released today for the U.S. in the form of increased orders for durable goods (refrigerators, cars, airplanes, mobile phones etc.), it was not enough to counter growing concerns surrounding the European debt crisis. The increase in durable
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The stock market activity of the past 6 weeks has continued the recent trend of volatility and dramatic swings from positive to negative. According to the Wall Street Journal, the VIX, a measure of volatility and fear in the stock market, reached a three-month high. In this update, we will share our thoughts about the
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Bending Not Breaking In our 2011 Lowe Wealth Advisors Outlook report, we projected that the first half of 2011 would have the potential for continued economic recovery and growth. We felt that the second half of the year could’ under certain circumstances, enjoy ongoing potential growth, but that various global and domestic pressures could manifest in
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