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Wealth Wisdom Blog

2010 Outlook- Bull or Bear?

March 25, 2010 | Subscribe to our RSS Feed

One of our top priorities is to bring you current information and forward-thinking insights about our financial markets.  Glass Jacobson recently sent our entire financial service team to attend Charles Schwab & Co.’s Regional Investment Conference.  We heard many notable speakers, including former Federal Reserve Governor Randall Kroszner, Legg Mason’s Bill Miller, and Charles Schwabs’ Chief Market Strategist Liz Ann Sonders.

Their central message forecasting the path of the 2010 economic recovery outlined two possible scenarios (based on economic and historical precedence).  First case: we are on the path to full-blown recovery at this point and entering a Bull Market.  The second, and a bit more pessimistic: the recovery from the 2008 collapse will be tempered by another short drop and we are entering a Bear Market period.

For more from the conference, click here: Schwab Investment Outlook 2010

Questions?

Jon.dinkins@glassjacobsonia.com

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