Rutherford Investment Management, LLC
Newsletter: 1st Quarter 2010
Near Term Market Outlook
Since March 9th of last year, the market has seen a steady, if uneven rise. This rise has largely been fueled by the policies of the Federal Reserve.
The Fed provided massive bailouts of the banking sector, enormous liquidity to the credit markets and interest rates [...]
With unemployment at a stubbornly high rate, home foreclosures still proliferating and commercial loans (especially for real estate) teetering, is there reason for optimism? Sometimes adversity is reason for optimism, and sometimes in a perverse way.
For starters, the economic news is not all bad. Consumer confidence is firming. Manufacturing is firming. Inventories are low and [...]
Pre-Market Report
By Rutherford Investments on November 21, 2008
The market has taken a sharp tumble in the past few days. The S&P has closed at its lowest point since April 14, 1997. This brings the average Large Cap Growth manager and Multicap Growth manager down about 50% on the year. (We are beating the markets)
...read moreThe economic news is grim and the Fed believes [...]
Posted in Comments from Bill | Tagged bailout, credit markets, economic news, government regulation, paulson, recession, tax cut, treasury secretary | Leave a response