fortress investing  

Market Commentary

      Archives:     2019    2017    2016    2015    2014    2013    2012  Nov  Oct  Aug  May  Mar  Jan    2010    2009    2008    2007    2006    2005  
Tue, 17 May 2011
US Financial Crisis Near !?!?
As time goes on, I am seeing more of these “Armageddon” type newsletters. Of course, know one knows if any will be right, or to what degree the things they are saying will come to pass. What I do know is that the markets will react to these developments and will give indications of problems ahead. As those indications manifest themselves, I will of course react as I always have to move away from those things that look like they will move money and reallocate to those investments that are making money or providing a safety net. 
As these letters multiply in tough economic times, I try to stay focused on the actual results over the years I have been managing money, as well as the history of the US. Warren Buffet is fond of saying that it is not a good idea to bet against America. Indeed, over the years, the US investment markets, especially equities, have been the best place to be for growth that exceeds inflation. While we may experience ups and downs, long term growth with reduced volatility is my goal. In fact, a typical account managed by fortress is just a couple percent off the all time highs reached in April 2011. 
 
Posted: 1:44 CST

Ask a Question
 
independent financial advice
Fortress Investment Services, Ltd.
John A. Urbanski
18828 Nature Lane
Eden Prairie, MN   55346
(952)949-0744