Market Commentary

Economic headlines from both Europe and Washington kept the markets on a roller-coaster ride for much of the year. Now as 2012 begins, there are some signs of a nascent recovery in economic growth, and stability in the markets. Yet, we remain one headline away from another move lower in the markets. At this time, it appears a position of safety is important for portfolios. However, I am on the watch for you to make any changes warranted by market conditions.