Monthly Archives: February 2011

Unrest Spreads on Domestic and Foreign Soils

Unrest in Wisconsin escalated late last week as newly elected Republican Governor Walker pushed ahead with his desire to pass his “budget-repair bill.” The bill is intended to plug a large shortfall in the state’s current budget and asks for increased contributions by certain state employees to their own pensions and health insurance benefits. The proposed bill also contained revisions to existing collective bargaining agreements which created tension amongst many union workers. Wisconsin could prove to be a pivotal state with respect to the relationship between state governments and labor unions as other states, such as Indiana and Ohio, facing similar budget issues are considering similar measures in the near future.Read more

2011 Stock Market Outlook and U.S. Economy Forecast

As part of our annual portfolio reconstitution process at Hennion & Walsh, we strive to build forward looking, asset allocation-oriented portfolios based on our internal views of where we believe both the markets and economy are heading for the next year. For your benefit, as we did last year, we have provided our four potential scenarios for 2011, based upon information available to our research team at this point in time, with an internal probability assigned to each, below:Read more

DJIA Breaks through 12,000 Level

The Dow Jones Industrial Average (DJIA) has officially broken through the 12,000 level and now stands above where this widely recognized U.S. stock index stood on September 15, 2008 - the day that Lehman Brothers filed for the largest bankruptcy in the history of our country. That event marked the day that many analysts suggest the “Great Global Credit Crisis” was pushed into high gear resulting in a historic bear market that lasted until March 9, 2009.Read more