Market Commentary

So much for the idea that historically, Thanksgiving week is positive for stocks. With the turmoil in the markets, and some concerns about the stability of Europe, and now even Germany, our final equity holdings were converted to money market funds today. With the US mostly on holiday for the next several days, the low volume could exacerbate movements in the market into December. At this time, it appears a position of safety is of utmost importance for portfolios.