Bob’s Commentary September 2011 :: Wamhoff Financial & Accounting


Bob’s Commentary September 2011

Well, the volatility keeps coming and the bad news overshadows any good news out there; and yes we may be headed for a double dip recession.  Next week the President unveils his jobs plan but it may be too little and too late.  We are fairing well with the alternatives and the variable annuities that appear to be weathering the storm, but it may take a while for the stock market to turn around.  Everyone is so pessimistic and that becomes a self fulfilling prophecy.  For now, I am holding tight but watching very closely to see if we need to pull back.  For now, enjoy your holiday weekend and know that this too shall pass.

 

Stay Healthy, Wealthy and Wise and Stay Tuned,

Bob Wamhoff