• Who We Are
    • About Us
    • Our Team
    • Our Services
  • Commentary & News
  • Client Login
  • Contact Us
Greenwood Gearhart
  • Who We Are
    • About Us
    • Our Team
    • Our Services
  • Commentary & News
  • Client Login
  • Contact Us

April 2009: What Has Changed?

Play Pause Unmute Mute

WHAT HAS CHANGED?

It is Spring. The grass is showing green, trees are showing leaves, new growth is upon us, and most of us are feeling better. Following the September 15, 2008 Lehman Brothers failure, the economy and the securities markets experienced six very negative months. In fact, the first quarter of 2009 was the sixth consecutive losing quarter for the Dow Jones Industrial Average. Throughout January and February, when the outlook seemed the darkest, investors were able to “stay the course”, while fear seized those with less experience and resolve. The Dow hit an intraday low of 6,470 on March 6th and then proceeded to rally 20% through early April. This rally doesn’t mean that we have put the problems behind us, but it does remind us that recovery will happen. It will be a recovery you won’t want to miss. As we wrote in February, we are in constant discussion, debate, and deliberation regarding the developments in the global markets and are evaluating what adjustments may be necessary to manage through this challenging time. Daily, we ask ourselves the question: What has changed? Our focus centers on the actions of world governments, the daily flow of economic data, the housing market, and the credit markets. Though encouraged, our conclusion was that major gaps still existed in the plan to secure a recovery. In other words, not enough had changed. That is, until recently.

[button size=”medium” target=”_blank” hover_type=”default” text=”Download the PDF” link=”http://www.greenwoodgearhart.com/ggireports/GWRApr09.pdf”]

Greenwood Gearhart
26 East Center Street
Fayetteville, Arkansas 72701

Click here for Important Disclosure Information and to access our Form ADV and Client Relationship Summary.

P:
479.521.5353
F: 479.521.5300
TF: 877.500.5353
info@greenwoodgearhart.com

Designed by WPZOOM

Manage Consent

To provide the best experience, we use technologies like cookies to store and/or access device information.

Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}